Simple CCI + W%R
Simple strategy
Indicators needed
CCI(20) and W%R(14)
****Buy condition****
Confirmation candle to buy must have:
CCI(20)>100 and W%R(14) > -20
Entry:
The close of that candle is an entry to buy the low is for minimal stop loss and the maximum will be sat the low of the previous candle before the confirmation candle.
Exit buy when:
CCI(20)<100 and W%R(14) < -20
****Sell condition****
Confirmation candle to sell must have:
CCI(20)< -100 and W%R(14) < -80
Entry:
The close of that candle is an entry to sell and the high is for
minimal stop loss and the maximum stop loss will be set at the high of the previous candle before the confirmation candle.
Exit sell when
CCI(20)> -100 and W%R(14) > -80
like this as I come with more... And let see how the EA works
See if it's okay. I see the "entry" fine, the "Exit" I don't think so, check it. Share it later.
Config:
Simple CCI WPR.set