RSI, Williams %R and CCI
RSI, Williams %R and CCI strategy IQ Option

In your trading journey, you will come across many different methods. Some will use the candlesticks or chart patterns, some will be based on the indicators. Some will even combine a few tools. This is exactly the case for today's strategy which connects three popular oscillators.

Three oscillators together in one strategy

We will use 3 indicators together to create a powerful trading strategy. All three are from the oscillators group. The first one is the Relative Strength Index, the second is the Williams Oscillator and the last one is the Commodity Channel Index.

How to set up your chart

Once you are logged in to your IQ Option account, choose the asset and the Japanese candlesticks chart type. Then proceed to the indicators icon. Find each oscillator and add them one by one to the chart. To use today's strategy effectively you will have to change the RSI period to 7. The settings of the Williams %R remain as default. You will have to change CCI period to 20.

RSI(7), Williams R(14) and CCI(20)
We will use 3 oscillators RSI(7), Williams R(14), and CCI(20)

The RSI oscillates in the range from 0 to 100. There is the middle line at the level of 50 and two others at 30 and 70. These two lines indicate the overbought and oversold areas.

The Williams R has the period set at 14. It shows the overbought level at -20 and the oversold at -80.

The CCI has the default period of 20 and the overbought and oversold levels are at 100 and -100.

Trading with the strategy that combines three different oscillators

The RSI + Williams R + CCI strategy can be used on 5 minutes up to 60 minutes timeframes. The expiration time depends on the chart timeframe you are using. Generally, it may be 2 to 3 times longer than the period of your chart.

exiration is set to be around 2 or 3 times biger than your chart time frame
Make sure that expiration is set to be around 2 or 3 times bigger than your chart time frame

We have 3 different oscillators added. You will follow them and wait for the trading signals. Mind that it is enough to receive signals from two indicators only.

Going short

A trade for the price decrease can be open when the oscillators cross the overbought level from above.

Take a look at the chart below. The RSI and the Williams R leave the overbought zones and move towards the middle lines. The CCI does not cross the line yet, however, you have received two signals and that is enough to enter the trade.

We have a 5-minute chart here, so the short position can be hold for the duration of 2-3 next candles.

oscillators are leaving the overbought zone
Enter a trade for a price decrease when at least 2 out of 3 oscillators are leaving the overbought zone

Going long

If you want to enter a long position, you should wait for the oscillators to leave the oversold zone and move upwards. If 2 or 3 indicators intersect the oversold level from below, you can enter a trade.

Below you will find an example where again, two out of three oscillators have produced trading signals. They cross oversold levels on their way up. You can now open a transaction and hold it for the duration of 2 to 3 candles.

oscillators are leaving the oversold zone
Enter a trade for a price increase when at least 2 out of 3 oscillators are leaving the oversold zone


When you hear about the triple oscillators strategy for the first time, you may think it is too complicated to use in everyday trading. But when you start to learn about it, you discover it is not difficult at all.

Three indicators, the Relative Strength Index, the Williams Oscillator and the Commodity Channel Index are connected in one. They all show the oversold and overbought zones and this is the main thing. All you have to do is to follow their lines to see whether one of these areas is being crossed. When 2 or 3 indicators are giving the same signals, you can enter the trade.

The strategy can be used on the timeframes from 5 to 60 minutes. The duration of the transactions should be 2 or 3 times longer than the timeframe of the chart you are currently using.

Do not forget IQ Option offers a free demo account. Open it now and check how you like trading with 3 oscillators. The next step will be to shift to the live account and invest real money.

Wish you high profits!

General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose

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Bart Bregman

Fulltime Day trading, and help Iq option wiki in my spare time to build an awesome platform to help beginners out there. #digital-nomad, traveling all over the world.

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