Chart setup

For the entry rules, we need two basic indicators:

● CCI 20 (Commodity Channel Index, Period 20, Typical Price)

● The Wave (EMA34 High, EMA34 Close, EMA34 Low)

The second one actually consists of three exponential moving averages, but we will treat them as one indicator called Wave. We will call them Wave-top, Wave-middle and Wave-bottom. Setup for MetaTrader 4: