Trading strategy on LaGuerre, CCI and EMA indicators

This trading strategy is used for short-term or pips trading and is also well suited for automating the trading process.

Marketplace: ;
IndicatorsEMA (120), Laguerre, CCI (14);
Time period: M5;
Currency pairEURUSD;
Strategy: scalping;
Trading time: 22:00 - 06:00 GTM;
Protective orders: StopLoss, TakeProfit, TrallingStop.

Settings of trading indicators

- Apply the exponential moving average EMA (120) to Median Price (HL/2);
– indicator Laguerre should be set with levels 0, 0.1, 0.9, 1;
– Trade Indicator CCI (14) - with +5 and -5 levels.

Trading signals of the trading strategy

Open bidif the following conditions are met:

- the value of the EMA (120) of the candle in question, above the value of the EMA (120) of the previous candle, ie EMA (120) looks up;
- significance Laguerre indicator is zero;
– indicator CCI (14) is below the "-5" level.

TakeProfit set it at 10-15 points, or we can use TrallingStop to reposition StopLoss in the profitable zone. StopLoss is equal to the profit - 10-15 points. The deal should be closed or StopLoss should be pulled closer to the current price, if the Laguerre indicator value becomes more than 0.9.

Open trade saleif the following conditions are met:

- EMA (120) value of the candlestick under consideration is lower than the EMA (120) value of the previous candlestick, i.e. EMA (120) is looking down;
- Laguerre indicator value is equal to one;
– CCI indicator (14) is above the "5" level.

TakeProfit set it at 10-15 points, or we can use TrallingStop to reposition StopLoss in the profitable zone. StopLoss is equal to the profit - 10-15 points. The deal should be closed or StopLoss should be pulled closer to the current price, if the Laguerre indicator value becomes less than 0.1.

When the profit + 5-7 pips is reached, it is better to move StopLoss to the breakeven level, for this purpose it works well TrallingStop from 1 point. It should be noted that the probability of getting a profit increases if the signals on this strategy are received between 22.00 and 06.00 GMT.

indicator and template for Metatrader 4