Here is a day-trading system that should produce profits every week - without fail.
It identifies both sideways movements and trends.
Notes
The background of the chart changes when the CCI-55 crosses zero.
The current support and resistance horizontals on screen show the trading channel. They delete when crossed as they are no longer relevant.
The double BB channels, combined with the background colour and trading S&R channel, show clearly when there is a trend starting.
Under the chart the CCI divergence finder indicator shows red histos when the momentum level of 100/-100 is crossed.
Blue histos shows divergence in the current timeframe.
The background colour will show divergence in the next higher timeframe.
Traders can add their own favourite indicators to this template.
TEAMTRADER
Attachments forums
Teamtrader's Day Trading Setup
TEAMTRADER, Tue Dec 15, 2020 1:31 am
- Better Bollinger bands-2.03TEAMTRADER INNER.mq4 Downloaded 590 times 8.81 KiB
- Better Bollinger bands-2.03TEAMTRADER OUTER.mq4 Downloaded 558 times 8.81 KiB
- CCI trendlines ver 2.0.mq4 Downloaded 584 times 16.23 KiB
- cci_zones_nmc.mq4 Downloaded 579 times 6.31 KiB
- Fulcrum Master 13.mq4 Downloaded 643 times 6.33 KiB
- Geo Divergence Predictor 55 underlay.mq4 Downloaded 680 times 29.61 KiB
- # TT 55 fs.tpl Downloaded 525 times 287.37 KiB