Open trading account 
Before I describe my strategy, let me introduce about few basic things about the indicator which I used in this strategy.
I used Commodity Channel Index, in short it is CCI indicator. It was developed by Donald Lambert to identify cycles in the commodity market. However it performs the same in the stock market or the Forex currency market. The Commodity Channel Index is simply an oscillator indicator that moves the majority of the time between +100 and -100 depending on the time-frame in Forex market. Therefore, I used the same to identity the cycle and built this strategy. So technically if CCI reading is above +100, we can see it as uptrend and below -100 as downtrend.
Now lets come back to strategy. This is a very simple CCI based strategy on 30 minutes time frame with trend trading. It has CCI indicator with its default setting i.e 14 period on 30 minutes.
Below are the parameters which it checks before opening any order.
1. First it checks the default time frame & pairs (In this case, it is EURUSD)
2. After that It adds CCI indicator value of 2nd last candle formed, and last candle formed.
3. After that it checks for the any open position, if there are any open position.
4. If there are no open position, It will go for signal check for trading.
In this case, it will check CCI indicator reading.
For Long Trade :
If on 2nd last candle of default time frame CCI indicator reading was below 100, and on last candle closed CCI reading is above 100, then it will open a long order with default trade amount which is 6 million. And take profit and stop loss is set at default level of 5 pips and 250 pips respectively.
For Short Trade :
If on 2nd last candle of default time frame CCI indicator reading was above -100, and on last candle closed CCI reading is below -100, then it will open a short order with default trade amount which is 6 million. And take profit and stop loss is set at default level of 5 pips and 250 pips respectively.
Therefore in nutshell, it is a very basic strategy which I used in Version 1.
Thanks.
I used Commodity Channel Index, in short it is CCI indicator. It was developed by Donald Lambert to identify cycles in the commodity market. However it performs the same in the stock market or the Forex currency market. The Commodity Channel Index is simply an oscillator indicator that moves the majority of the time between +100 and -100 depending on the time-frame in Forex market. Therefore, I used the same to identity the cycle and built this strategy. So technically if CCI reading is above +100, we can see it as uptrend and below -100 as downtrend.
Now lets come back to strategy. This is a very simple CCI based strategy on 30 minutes time frame with trend trading. It has CCI indicator with its default setting i.e 14 period on 30 minutes.
Below are the parameters which it checks before opening any order.
1. First it checks the default time frame & pairs (In this case, it is EURUSD)
2. After that It adds CCI indicator value of 2nd last candle formed, and last candle formed.
3. After that it checks for the any open position, if there are any open position.
4. If there are no open position, It will go for signal check for trading.
In this case, it will check CCI indicator reading.
For Long Trade :
If on 2nd last candle of default time frame CCI indicator reading was below 100, and on last candle closed CCI reading is above 100, then it will open a long order with default trade amount which is 6 million. And take profit and stop loss is set at default level of 5 pips and 250 pips respectively.
For Short Trade :
If on 2nd last candle of default time frame CCI indicator reading was above -100, and on last candle closed CCI reading is below -100, then it will open a short order with default trade amount which is 6 million. And take profit and stop loss is set at default level of 5 pips and 250 pips respectively.
Therefore in nutshell, it is a very basic strategy which I used in Version 1.
Thanks.