SAR-CCI scalping strategy

SAR-CCI is a forex scalping strategy based on the three standard indicators. It is simple strategy good for small time frames.

Settings

• Pair: EUR/USD, AUD/USD, GBP/USD
• Time frames: M1 and M5
• Indicators: SMA(50) for M1 TF, SMA(21) for M5 TF, CCI(45); Parabolic SAR (0.02, 0.2).

Buy Signals

1. The Parabolic SAR dot and the candlestick are higher than SMA line.
2. The Parabolic SAR dot is below the candlestick.
3. CCI(45) is higher than 100 level.
4. At the opening of the next candlestick – buy.

Sell Signals

1. The Parabolic dot and the candlestick are lower than SMA line.
2. The Parabolic SAR dot is above the candlestick.
3. CCI(45) is below the -100 level.
4. At the opening of the next candlestick – sell.

MONITORING OF A DEAL

1. Stop Loss placed on the SMA line.
2. Profit Targets are 7-12 pips for EUR/USD, 5-8 pips for AUD/USD, 7-15 pips for GBP/USD.
3. We can use Trailing stop when profit of a deal is a min of these diapasons.