Momentum Explosion 2CCI RSI — Strategy by capam

movingaverage commoditychannelindex relativestrengthindex momentumstrategy emacrossover exponentialmovingaverages forex

"Momentum Explosion Template for Mobile Metatrader", that is a trading system trend momentum based on two Commodity Channel Index (CCI) , RSI and two Moving Averages.The trading signals are generated by the crossing of the moving averages confirmed by the agreement of the two CCIs and the RSI.

Two Moving averages Filtered by double CCI and RSI

Credit is to Dimitri Author Beejay (Forex Factory)

Trading Rules Momentum Explosion

Buy
EMA 8 crosses upward SMA 26.
CCI 34 periods > 0
CCI 55 periods > 0
RSI 26 > 48.

Sell
EMA 8 crosses downward SMA 26.
CCI 34 periods < 0
CCI 55 periods < 0
RSI 26 < 48.

Open-source script

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