Hello traders.

I'm going to share with you a simple trading system that will suit those of you who don't like staring at the chart all day long.

This strategy is designed for ranging and consolidating markets.

According to the statistics, the market ranges between certain price points 80% of the time .
The rest of the time is shared by 15% of trending and 5% on the news reactions.


You will set your charts over the weekend for trading the following week. It'll take only a couple of minutes per chart, depending
on how many pairs you want to keep your eye on, it shouldn't take more then 30 minutes to set yourself up.
Once you enter a trade you will set TP and SL and walk away from your screen.
R:R is at 1:2 , 50% or 62.5% of the range or just predetermined amount of pips according to your apatite.
I like to use 62.5% as my target. If 62.5% target is less then 1:2 R:R I will aim for 1:2 RR.
If you're a Fibo fan then go for 61.8%.

Your Trading chart is H1.

You will need:
CCI
RSI .
RSI levels - 5-10-50-55-90-95.
Fibonacci retracement tool with WD Gann's percentage settings. Those are 12.5%, 50%,62.5%, 87.5%,100%
( we don't need 25% and 75% for this strategy).
In some cases CCI line will not show due to ridiculously high period setting. Don't stress, just use the highest number you can, that will show up.
For an example on GBPCAD, I use period 1000 , on GBPUSD 1800, so just play with the settings if you encounter this problem.

To have prices displayed next to the percentages , in the Fibo levels description field press space bar twice
to separate price from percentage and type %$ .

THE FIRST THING you will have to do is place RSI on your chart - set it to period 1.
THEN YOU NEED TO DRAG Commodity Channel Index ( CCI ) from the indicator panel
on the left hand side of the chart, onto RSI window, the window sitting below the chart. Set CCI to 2200 0r 1800.
You should get CCI line inside of RSI window. It should look something like the image bellow.

CCI will move with the price. That's it's job. If you look at the history on your chart to confirm where the CCI was,
you are wasting your time. The CCI indicator appears in the history like it knows exactly
when the market will turn. It doesn't! CCI is a momentum indicator not a fortune teller.
But it will tell you when the momentum shifts, so use it just for that.

Next is setting your chart visuals.
You will need to zoom out all the way, then zoom in clicking twice. Make sure you have last two weeks worth of data visible on your chart.
Your chart should look like the pic below.

Next thing you do is place a horizontal line on the highest price point of the last two weeks, and do the same for the lowest price point of the past two weeks.
Place your Fibo retracement tool , extend it from top to bottom, or bottom to top and place another horizontal line at 12.5% level and one more on 87.5% level. You are now set for trading starting Monday.

Now let's get into the rules for the entry and the exit.

We have marked our potential reversal zones with horizontal lines.
Now we wait for the price to get inside those zones.
Once the market enters the zone, we start paying attention to CCI line.

For best entries:
CCI has to touch 95 level at the top before we start thinking of going short or 5 level before we start thinking of going long.

For a long entry:
Market is inside our zone between 0 and 12.5 % area of the last 2 week's range.
CCI has touched 5 level.
We draw a trend line on top of the CCI line connecting at least last 2 peak highs.
When that line gets crossed and gets below 10 level you wait for the H1 candle to close and CCI to stay above the trend line.
You enter long at the open of the next candle.
Your SL is below the low of the reversal zone, You TP is twice the SL or either 50% or 62.5% of the range between 0 and 100% .
Reverse this process for short entries.

For your long entry target, you will need to extend Fibo tool starting from the bottom of the range to the top to have correct 62.5% TP target.
62.5% has to be below 50% on the Fibo retracement tool.
For your short entry target, you will need to extend Fibo tool starting from the top of the range to the bottom to have correct 62.5% TP target.
62.5% has to be above the 50% on the Fibo retracement tool.
One way to get around this issue is adding 37.5% level in your Fibo tool and writing 62.5% in the description box for clarity.
That way you can extend the tool either way and still have 62.5% displayed at the right level.
If you're targeting 50% as your TP then it doesn't matter which way you extend the Fibo tool.

That is it. You're in the trade now.
Close your platform and go to the gym, take your dog for a walk, have a coffee with your partner or a friend , do whatever you like, just stay away from the screen. If you don't, you'll close your trade early and miss out on profits.
When the week is finished , repeat the process over the weekend. Simple!
Enjoy!

God bless!

This looks good and thank you for the template file as well. I like simple trading systems which can utilize traditional indicators.

Going to load this up today and follow your posts

While I was reading, Post #1 disappeared.

funchi wrote: Mon Sep 01, 2025 10:06 am While I was reading, Post #1 disappeared.

Yes, because he was making "edits" to the post and uploading some images. It should be okay now.

One to keep an eye on guys.
CADJPY

Thanks for the post, your template look like this

Yes, you'll have to go into CCI setting and change the period setting.

EURAUD H1

firesword wrote: Mon Sep 01, 2025 11:18 am EURAUD H1EURAUD.png

Beautifully simple chart. Love it.