Double CCI with RSIOMA is a trend following forex trading system. Double CCI with RSIOMA is very good at catching the trends of the market very early and it lets you ride the swing of the market till the end. Double CCI with RSIOMA can become a money printing machine for you if you follow the rules of the system in a smart way. Double CCI with RSIOMA is a type of trading system which any trend following traders would love to have. Its simplicity and its capability to create crystal clear signals are some of the reasons why this trading system is so special.
Double CCI with RSIOMA Trading System Overview
| Time Frame | Instruments | Number of Indicators | Rating |
| Above 5 minute | Any Fx Pairs | 4 | 9.5/10 |
After you successfully install Double CCI with RSIOMA trend following forex trading system is installed in your trading platform, your chart should look like this:
The indicators used in Double CCI with RSIOMA trend following forex trading system are listed below.
- Heiken Ashi Exit
Heiken Ashi Exit is one of the major indicators of this forex trading system. Heiken Ashi Exit is responsible for generating buy and sell signals. When Heiken Ashi Exit is green, it is an indication of an uptrend. Similarly, when this indicator is red, it is a sign of a down trending market.
- Arrows
Arrows used in Double CCI with RSIOMA trend following forex trading system is the second most important indicator of this forex trading system. The blue arrows below the market price is a buy alert and the pink arrow above the market is the sell alert.
- Trend CCI
Trend CCI indicator comprises of an oscillator and histogram. To make your job easier, you can simply ignore the oscillator and just focus on histogram. When the histogram is in positive territory, it’s a bullish signal and when the histogram is in negative territory, it’s a bearish signal.
- RSIOMA
RSIOMA has two oscillators inside it. Thick blue oscillator moves faster than the think purple oscillator. The crossovers of these oscillators generate buy/sell signals. At the bottom of this indicator you can see green and red bars. The green bars indicate bullish momentum and the red bars indicate bearish momentum.
Double CCI with RSIOMA: Buy Parameters
- Currency pair should be up trending.
- Currency pair you are watching should be bouncing from the recent support.
- Heiken Ashi Exit indicator should be green.
- A blue arrow should appear below the market price.
- Trend CCI indicator histogram should be positive.
- Thick blue oscillator of RSIOMA indicator should be above the purple oscillator.
- RSIOMA should form green bars.
- Execute your long position when all of the above conditions are met.
- Place your stop loss just below the recent swing low.
- Take your profit when the Heiken Ashi Exit indicator turns red.
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Double CCI with RSIOMA: Sell Parameters
- Currency pair should be down trending.
- Currency pair you are watching should be falling from the recent resistance.
- Heiken Ashi Exit indicator should be red.
- A pink arrow should appear above the market price.
- Trend CCI indicator histogram should be negative.
- Thick blue oscillator of RSIOMA indicator should be below the purple oscillator.
- RSIOMA should form red bars.
- Execute your short position when all of the above conditions are met.
- Place your stop loss just above the recent swing high.
- Take your profit when the Heiken Ashi Exit indicator turns green.
