Action Trade : Double CCI Scalping

Action trade introduces the DoubleCCI Scalping System, a dynamic approach designed for the fast-paced world of trading. This system thrives on meticulous setups and utilizes various indicators to pinpoint appropriate moments for trading. In this guide, we'll delve into the system's setup, key

indicators, entry positions, exit strategies, and distinctive zone characteristics.

System Setup:

Pairs

Major pairs

Time Frame:1M,5M

Max Spread:0.00015

Price:

Bar Chart

Indicators:

,Kino T3 But Ribbon filled

Kijun Tekan (default)

,RD Pivot Line

,Je Bar

,Bull Candles

,Zig Zag Pointer

,Spud Fibo

,Fx Prime V Final

,Kino close under ribbon

,DoubleCCI With Sma

Entry Positions

Long Entry

Kino Close under ribbon

DoubleCCI With SMA and FXPrime are green

Short Entry

Kino Close under ribbon

DoubleCCI With SMA and FXPrime are red

No Trade Zone

Kino close under ribbon is yellow

Exit Strategies:

Profit Exit

Price touches SpudfFibo level

Price crosses Kino T3 Ma Ribbon filled (27, 36)

Stop Loss

8-10 pips and move to breakeven

Zone Characteristics:Triple Zone Movement:

When price rises from or falls out of all three zones simultaneously, especially when they are narrow and close together, it indicates a high probability trade. This often leads to the price entering the black area, presenting favorable trade setups.

Strong Trend Indicators

A rising TF1 ribbon above TF5 and TF15 ribbons in an uptrend or a falling TF1 ribbon below both TF5 and TF15 ribbons in a downtrend signals strong breakout potential, often resulting in multiple trade opportunities.

Support and Resistance in Zone Transitions

When price transitions between zones, such as from TF1 to TF5, look for support or resistance at the edges. A widening zone is conductive to entry, while a narrowing zone may lead to rejection.

Trading in the Black Area

Trading in the space between Ribbon Zones (black area) presents excellent trade setup possibilities when price is not immediately rejected by nearby ribbons or pivots. The wider the black space, the better the chances for a favorable trade setup.

Trading Inside Wide Opened Zones

Trading inside a wide-opened zone, such as TF15, is viable. When TF1 ribbon enters and price rises or falls out of TF1 ribbon simultaneously with TF5 ribbon at a sufficient distance, price often moves to the other side of the TF15 ribbon.

Conclusion

The Actiontrade DoubleCCI Scalping System combines meticulous analysis with dynamic indicators, offering traders a comprehensive strategy for navigating the intricacies of short-term trading. By understanding the setup, entry positions, exit strategies, and unique zone characteristics, traders can enhance their ability to identify and capitalize on profitable opportunities. As with any trading system, thorough testing and adherence to risk management principles are crucial for successful implementation..TF15 ribbon