M5 Scalping Indicator Double CCI and RSIOMA Forex System

M5 Scalping Indicator Double CCI and RSIOMA Forex System

*RSIOMA is advanced version of RSI.

• Pairs:EUR/USD, Aud/USD, GBP/USD.
• Time frame:1M and 5M.
• Spread max:0,00025.

Indicators:

• 2MA crossover(default);
• Heiken Ashi smoothed;
• Rsioma (default);
• DoubleCCIWoody (default);
• Spudfib.

Long Entry:

1. Hieken Ashi is Green
2. Blue Arrow
3. DoubleCCIWoody is green;
4. RSIOMA>65.

Sell Entry:

2. Hieken Ashi is Red;
3. Purple Arrow
4. DoubleCCIWoody is red;
5. RSIOMA<35.

1M TF Exit:

• Target Price: 10 pips or Fibonacci level;
• Stop loss: 10 pips or HA changed color from green to red.

5MTF Exit:

• Target Price: 15 pips or Fiblevel;
• Stop loss: 12pips or HA changed color from red at green.

DON'T Trade During News

If there is a news event and it occurs during your trading times, never trade 30 minutes before and 30 minutes after the news event.

If your plattaform can not have RSIOMA, you can use RSI

Long Entry:

1. Signal Buy 2 period Moving average crossover;
2. DoubleCCIWoody is green;
3. RSI>55.

Short Entry:

1. Signal Buy 2 period MAcrossover;
2. DoubleCCIWoody Indicator is green;
3. RSI Indicator<45

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