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Trade Explorer System All Time Return:
39.4%
RSI & CCI system 160 replies
CCI 50 System 204 replies
Moving Average/CCI System 11 replies
Need code CCI channel, CCI with SAR if you can free coding 0 replies
Any one using CCI System? 18 replies
DislikedAllow me to shed some light why blindly taking signals on this system will kill your account. Price above 100 and candle green.With all criteria met trade is to be taken long but look left double top major resistance plus harmonic pattern completed and most likely price will go south. So keep that in mind that there are S/R and other factors to look when trading... {image}Ignored
Disliked{quote} Aren't we also looking to see H1 and H4 also either CROSS above 100 or below -100 **OR** be in the 100 or -100 zone as well to make it a safer trade? I need tccm to clarify this for me.Ignored
DislikedAllow me to shed some light why blindly taking signals on this system will kill your account. Price above 100 and candle green.With all criteria met trade is to be taken long but look left double top major resistance plus harmonic pattern completed and most likely price will go south. So keep that in mind that there are S/R and other factors to look when trading... {image}Ignored
Disliked{quote} Agree on factoring in S/R...and supply/demand zones are useful too. The OP has also mentioned watching out for divergence, and there is clear divergence now as price is approaching the SR flip. CCI breaking 100/-100 along with strong PA indicates strong momentum. See with the 1st arrow how that combination was high probability that price would break through the 1st resistance level. Even with the divergence price could still move up more as Friday's D1 closed relatively strong. Price will likely seek the orders waiting near the next supply...Ignored
DislikedSorry tcmm Was trying to write an EA based on your method but looks like it got a little side tracked, so will start a new thread so not to confuse your method. cheers thanks your methodIgnored
DislikedHi tcmm, Thanks for sharing! Here's my first trade after previous CCI cross on EJ. A little different style using position averaging with stop loss and take profit, but basicly the same. Just set and forget. If trades don't get triggered, then I just profit from whatever the market gives me base on the retrace. Total risk is about 0.56% :-) Let's see how this plays out. I'm in for any style that requires minimal screen time . {image}Ignored
DislikedVery interesting tcmm....good forum and sound concept. I have always like the cci as momentum indicator....watched the Woodies group prosper using cci in very short futures time frames on a centralized exchange...even to the point where Woodie could trade without candles, using only the cci indicator. I was never that good, instead I prefer larger time frames in the forex market and was happy to see your forum. My question....have you used his indicator or a version of it as additional confluence relative to the entry cci shown on my chart. I would...Ignored
Dislikedvery interesting tcmm....good forum and sound concept. I have always like the cci as momentum indicator....watched the woodies group prosper using cci in very short futures time frames on a centralized exchange...even to the point where woodie could trade without candles, using only the cci indicator. I was never that good, instead i prefer larger time frames in the forex market and was happy to see your forum. My question....have you used his indicator or a version of it as additional confluence relative to the entry cci shown on my chart. I would...Ignored
DislikedHi tradin' guys, I think I have found an excellent exit indicator , befor we all are giving up our hard earned profit. I got the indicator yesterday for nothing Ok, before the cci can get back (long) towards the 100 zone, we get out of the trade: 1. when the fast moving average is changing the color 2. we can get back in, in the case of the cci goes back away from the 100 zone, if the fast moving average again changes the color! Try it. {file}Ignored
Disliked{quote} Thanks, We have a lot of Great Traders here World Wide. Together We Are Strong. Forex Made Easy. We Can Do It.Ignored
DislikedHi tcmm, Thanks for sharing! Here's my first trade after previous CCI cross on EJ. A little different style using position averaging with stop loss and take profit, but basicly the same. Just set and forget. If trades don't get triggered, then I just profit from whatever the market gives me base on the retrace. Total risk is about 0.56% :-) Let's see how this plays out. I'm in for any style that requires minimal screen time . {image}Ignored
Disliked{quote} Hey qFish, i like your concept. Do you have any script to put all these limit orders by one click? What TP and SL you use? ThanxIgnored