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Home » Double CCI and ASCTrend Forex Strategy

Double CCI and ASCTrend Forex Strategy

by Dave Posted in Forex Strategies

I willl show you next profitable trading method called Double CCI and ASCTrend Forex Strategy. Before I go in details there are some important rules that you should always remember. No matter what you are trading, what your strategy is, you have to follow these rules in order to make profit. In this trading method we will stick to the rules as well.

  • 1. Do not use high leverage. Risk and money management are important part of trading. There are times it takes less than a minute for a currency pair to rally or dive 50+ pips. If you are on the wrong side of the market at that moment, it could wipe your account. Since high leverage brings high risks, such trades affect your emotions and therefore either you profit less or you close trades, which could bring lots of profit, early and take the loss.
  • 2.  Do not trade against the trend. Trend is always our best friend and we will be following its direction.
  • 3.  Follow the system. Stick to the trading method, do not make predictions, trust the charts and price action. People lose because they do not follow the rules. Whatever system, indicator, style you are using, if you break the rules and trade randomly I guarantee that you will lose your account.

Since MetaTrader is the most common program I am going to explain this system on this platform. The indicators provided here work on MetaTrader 4 platform. You have to copy indicators to “indicators” folder and template files to “templates” folder. For example:
Indicators go to “C:\program files\mt4\experts\indicators” folder and templates go to “C:\program files\mt4\templates”.

After you copy the necessary Double CCI and ASCTrend Forex Strategy files and run MetaTrader 4, open EUR/USD, GBP/USD or any other major pair that you want to trade. Set chart time frame to 15M and apply the template. You will see a chart like this:

Double CCI and ASCTrend Forex Strategy
Don’t let the chart confuse you, in fact this system is very easy to use!

Double CCI and ASCTrend Forex Strategy buy and sell rules

Buy (long) when
Sema signal (green circle) and ASC signal (yellow arrow) appear.
Sell (short) when
Sema signal (red circle) and ASC signal (pink arrow) appear.
S/L and T/P:
Since we are on 15M charts, you can set your T/P and S/L to 25 pips.

I will show you another chart so that you can understand how it works:

Double-CCI-and-ASCTrend-Forex-Strategy-up-to-100-pips-a-day-Forex-system-explinedLook at the marked areas 1-3-5: First we get sema signal (green circle) and a couple of bars later, we get ASC signal (yellow arrow) and we go long.

Look at the marked areas 2-4: First we get sema signal (red circle) and a couple of bars later, we get ASC signal (pink arrow)l and we go short.

Download Double CCI and ASCTrend Forex Strategy – up to 100 pips a day Forex system Indicators and Templates
Download Include:

  • semaasc-system.tpl
  • #4X 2010 SEMA4X.ex4
  • ASCTrend1sig
  • CCI_Bars_M#_v2.ex4
  • CCI89
  • CCI270
  • WSS.ex4

Filed Under: Forex Strategies Tagged With: ASCTrend Forex Strategy, Double CCI Forex strategy, Double CCI strategy, Download ASCTrend strategy, Download Double CCI, Forex Strategy

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Comments

  1. MK fdo says

    October 30, 2013 at 10:18 am

    what is the meaning of “star” around green or red DOT. This star appear in different colours (whiie, blue, green etc).

  2. Konstantin says

    November 7, 2013 at 10:53 am

    Dear Colleagues!

    Can you please briefly describe the basic issues of performing 4X 2010 SEMA4X indicator.

    Looking for your reply.

  3. damiano berti says

    January 29, 2014 at 8:13 am

    Hi,
    two days ago the indicator #4X 2010 SEMA4X.ex4 is disappeared.
    Why?
    Thank’s for answer
    Best regards
    Damiano Berti

  4. Luca says

    April 30, 2014 at 10:00 am

    what is the meaning of “star” around green or red DOT. This star appear in different colours (whiie, blue, green etc).

    • Dave says

      April 30, 2014 at 10:26 am

      Hi,

      Blue for buy, green for sell.

      • Daniel says

        July 23, 2014 at 8:13 am

        and white?

  5. Leonidas Reynolds says

    May 6, 2014 at 6:07 am

    I’ve downloaded the relevant indicator files but when I use the template on a chart the MA trend indicators towards the bottom right hand side of the chart do not show – is there any advice for this?

  6. Daniel says

    July 23, 2014 at 7:44 am

    Hi Dave i find two kolors around the dot blue and white,what is different between them?
    Thank you for your help
    Best Regards
    Daniel

  7. Daniel says

    July 23, 2014 at 10:31 am

    To many wrong signals for me scam!!!

    • Dave says

      July 24, 2014 at 2:28 pm

      Try to improve system or just use indicators which helps you to to make right decisions.

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