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 m…
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