This is a range trading strategy. Can be used on any time frame and any pair.
For this strategy, you will need the ADX with default setting and CCI with a 13 setting indicator.
Strategy:
1. We will look for pairs with an ADX below 25.
2. For BUY signal, I’m looking for a cross up and over -100
3. For SELL signal, I’m looking for a cross down and through +100
As with any strategy, please backtest before trading.
Happy trading!