Which pair and what time flame will be the best on this strategy?
Thanks for sharing BeeJay
Thanks for sharing BeeJay
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DislikedNothing new Beejay. I just throw some old indicator to play with your strategy.
I have attached the two indicator for CCI and MA ribbon. Simply change for proper period setting.
EDIT: DoubleCCI indicator do come with zero cross alert. That should become handy
Cheers
~profi~Ignored
Dislikedi love your qoute 'play play and spot the move with ur naked eyes. i have done this for more than two years now. but now i just spot the move without knowing how, i can easily tell the deviation of PA from my MA without knowing how. at times people ask me to explain the deviation i love talking about but most of the time dont know what to explain.Ignored
DislikedThank you Beejay... this is the simplest and most profitable system that i have ever seen during my forex life time (more than 4 years) specially for scalpersIgnored
Dislikedbeejay well done for finding something that is simple and works. Just my contribution the cci's are identical to sma's on your chart. A cross over or below the zero level of say the cci 55 is the same when prices crosses above or below the 55 sma. In addition the rsi(14) cross over at the 50 level is the same as when price crosses over the 50 ema. Your choice of the CCI 55 AND CCI34 are sound becos of the fibonacci representations which a large number of professional traders use.Ignored
Dislikedyes you are right in a way about the cci vs sma but looking it from another angle they aint the same. take for instance you are in a range market or the trend is just about begining, u can av multiple candles closing repeatedly above and below the SMA, the closes will realy affect the judgement in figuring out the trend but this wont be a case if you are using CCI.
the sole differnece between CCI and MA is that MA measure the differnece between price average while CCI measures the difference between MA and price action ( and this is what makes CCI...Ignored