Strategy combining Moving Average and CCI indicators. Buys when price is above MA and CCI is oversold. Sells when price is below MA and CCI is overbought.
A moving average guides the trend while CCI looks for deviations from that average. Entries happen on CCI extremes in the direction of the MA.
Ideal for swing traders entering on pullbacks. ATR stops guard against sudden whipsaws.
Entry Criteria:
Long: Close > MA && CCI < OversoldLevel
Short: Close < MA && CCI > OverboughtLevel
[]Long/Short: Both
[]Exit Criteria:
CCI returns to zero line
[]Stops: Percent-based using StopLossPercent
[]Default Values:
MaPeriod = 20
CciPeriod = 20
OverboughtLevel = 100m
OversoldLevel = -100m
StopLossPercent = 2.0m
CandleType = TimeSpan.FromMinutes(5).TimeFrame()
[*]Filters:
Category: Mean reversion
Direction: Both
Indicators: Moving Average, CCI
Stops: Yes
Complexity: Intermediate
Timeframe: Mid-term
Seasonality: No
Neural Networks: No
Divergence: No
Risk Level: Medium