Seven CCI binary system is trend-momentum strategy based on CCI and exponential moving averages. This trading system is also good for scalping and intraday trading.
Rules for Binary Options: - Time Frame 5 min or 15 min. - Expiry time 4-5 candles. - Trades only in trend.
Buy Call: - EMA's lines color magenta above EMA's lines color blue; - CCI lines color magenta are above CCI lines color blue and zero level. - When thes conditions are agree buy call at opening of the next bar.
Buy Put: - EMA's lines color magenta below EMA's lines color blue; - CCI lines color magenta are below CCI lines color blue and zero level. - When thes conditions are agree buy put at opening of the next bar.
Scalping: -Time Frame 5 min, 15min. - Currency Pairs: EUR/USD, GBP/USD, AUD/USD, USD/CHF, USD/JPY. - The rules for buy and sell are the same. - When the price is within the bundle of the moving averages do not trade.
Exit position - Make Profit on the pivot points levels or with fast profit target. - Initial stop loss on the previous swing price.