Strategy for binary options, Forex and CFD - CCI with Bollinger Bands Bounce

Strategy for binary options, Forex and CFD - CCI with Bollinger Bands Bounce - a trend reversal strategy based on Bollinger Bands and a CCI filter, used to find the best moment to open a trade.

Minimum Time Frame and expiration time

• Time Frame: M15
• Expiration time: 45 minutes (3 candles)

Recommended Time Frame and Expiration Time

• Time Frame: M15
• Expiration time: 60 minutes (4 candles)

CCI strategy indicators with Bollinger Bands Bounce

• i-g-cci2
• i-g-cci2_histo

Risk management

Trade is carried out with a fixed amount not exceeding 5% of the trade balance. You should not trade during the release of important economic news.

CCI strategy with Bollinger Bands Bounce: signal to increase

• The price is below the middle Bollinger band or crosses it, ideally the price should push off from the lower line
• CCI line crossed the zero level upward

CCI strategy with Bollinger Bands Bounce: downward signal

• The price is above the middle Bollinger band or crosses it, ideally the price should push off from the upper line
• CCI line crossed the zero level down

Trading on Forex and CFD

• Before starting trading, it is recommended to test the strategy on a demo account (open at least 3-5 trades)
• The trade is opened after receiving a signal from the trading strategy
• The ratio of Take Profit to Stop Loss should be 3:1 (for one unit of possible loss there should be 3 units of potential profit)
• The time frame of trading is not important - minute charts are suitable for scalping, hourly or daily charts are suitable for long-term trading
• Take Profit to Stop Loss levels are set depending on the selected time frame
• The strategy will show false signals on minute charts during the release of important economic news - trade on higher time frames or choose a different time for trading