NO TRADING ZONE: aka NTZ (Forex)
This strategy utilizes the CCI (31, close), MA (20, close) and finally HMA (200, close). Better on longer time frame charts but seems to identify trades on the 30M & 60M charts as well. When you open up a chart, anything in the grey area on the CCI is a NO Trade situation. Entry signals however do occur when CCI raises or lowers sharply @ the 0 line. When price crosses the 20MA and closes in the same direction as the CCI 0 line cross and is congruent above or below the 200HMA it's time to place a buy or sell stop and Stop Loss using most recent Support and Resistance levels. I simply multiply my SL by 2 for my (2 to 1) Risk/Reward ratio. Using a full lot, I'll close half my position when price reaches my Take Profit and use an active trailing stop placed at the most recent S&R levels. Also raise your initial SL to break even at the end of your first time cycle. Of course trade at your own risk, good luck and have fun:)
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