Description
⋅ Set-up
→ 20 & 40 SMA sloping up
→ 20MA > 40MA
Waiting for buy trigger
→ CCI <-100
→ Low of daily bar touches 20MA or goes below 20MA
→ Close above 40MA
Pull trigger
→ Buy 1 bid above previous day high
→ Sell 5 bars later exclusive of initial bar
Stop Loss
→ % change > or = 50