26# Scalping with parabolic sar And CCI

Parabolic Sar and CCI

Submit by Forexstrategiesresources

Parabolic Sar and CCI indicator is a forex scalping strategy based on the parabolic sar indicator and Commodities Channel Index indicator. This is a trend- momentum forex strategy.

Pair :EUR/USD, AUD/USD, GBP/USD

Time Frame: 1 and 5 min

Metatrader Indicators:

50 SMA for 1min TF;

21SMA for 5 min TF;

CCI (45);

Parabolic SAR (0.02, 0.2).

Long Entry Position:

When Parabolic dot >SMA and CCI (45)>100.

Short Entry Position:

When Parabolic dot <SMA and CCI (45)<-100.

Exit Position:

Stop Loss on the SMA;

Trailing Stop;

Profit Target: EUR/USD (7-12 pips), AUD/USD (5-8 pips), GBP/USD (7-15 pips).

In the picture below an example of the Scalping with Parabolic Sar and CCI Forex System in action.

Share your opinion, can help everyone to understand the forex strategy.

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Comments: 8

#1
Arni (Thursday, 16 February 2012 00:22)

thanks 4 share!
ur strategy is profitable! sometimes it makes only 4pips

only your screenshot is different than strategy above!
how i get it, u ar selling when cci is <-100 and bu when cci is higher than 100.
#2
hari (Wednesday, 03 April 2013 15:20)

wooooooooooooooow strategy really work of art and determination .
thanks to share .
#3
Forextradingstrategiesresources (Tuesday, 11 June 2013 23:38)

we share always
#4
noverra (Friday, 14 June 2013 08:54)

ur scalping method is very profitable
#5
charlie (Sunday, 23 June 2013 19:41)

i just came across your scalping method hope it work im interested in only 1 min and 5 min charts hope it works ill let anyone know
#6
cekodokpisang (Wednesday, 20 November 2013 13:42)

can you guys convert the strategy to .lua file?
hope that you guys can help me because you guys sharing with each other the settings that work and give favourable profit.
#7
james (Wednesday, 11 November 2015 14:43)

can someone explain better on how to use the template.am i to watch only for cci<100 or > 100? before taking position
#8
David (Wednesday, 27 April 2016 19:32)

At Long entry, is it >(Greater than) ? or Above?
and short entry is < (Less Than)? or Below?
Im sorry Sir, Im confused in that term. Thanks in advance.