Disliked{quote} Thank you very much for clearing several rules...will try out and code an alert indi! {image}Ignored
I'll post in a few minutes a chart with a bad entry. It's possible to learn this way also, not only with good trades.
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DislikedOk, let's learn with a loss. First chart GBPCAD, second one represents the CCFP Analysis just after {image} {image}Ignored
DislikedHi Ioni, Thank you for such a solid systems. This is my first try with real small amount account. Screenshot1.png;2185043 ps. closed manually at +3.2 because CCI goes below -200. {image}Ignored
Disliked{quote} Explanations: First chart: 1- CCI>200 2- SMA13> high of 1 -retracement doesn't touche the opposite -100 line 3-CCI>100 4-confirmation of 3 5- CCI<-200 Second chart- position reported to the CCFP Analyse: as seen on the first chart, the rules for entry are mainly respected except the volume at a very low level and the fact that the entry took place just after a major round number , in this case 164.00. CCFP is in a convenable position for entry. Let's say that we have entered the market. Analysis of the exit. The price went against me, so...Ignored
DislikedIoni, thank you very much for sharing your system; I am currently studying it through manual backtesting. One question, as part of the indicators you shared there is an RSI divergence alert; what use are we to make of it (if any) within the system? Also can you please share some info on how you evaluate Volume? You say......"Volumes above the level set individually for each pair-" can you expand on this a bit please? Thank you in advance.Ignored
Disliked{quote} Hi Ioni, Why dont you just add that CCFP directly to your charts? Just set it like this: {image}Ignored
Disliked{quote} Hi, Because of the resources of my CPU. If I open 10 charts it could be a problem to process all data by provided by each CCFP. We, I mean all of us, don't have the same investments in materials and everybody could work with just an CCFP. But, if you can, why not add the CCFP on your charts? It is the best solution obviously.Ignored
Disliked{quote} Yeah I agree with you. But since i only have 4 pairs (more than enough) its no worries. By the way, just hit another TP sticking to those rules I used earlier today (GBPAUD) {image}Ignored
Disliked{quote} So you have decided to go on with the version of the system that you proposed sooner, as I have seen on your chart and it is another winning entry for you. Standing ovation already? IoanIgnored
Disliked{quote} Hi Ioni I did read through to try and find where i picked that rule up. Sorry but my fault I have misread it. I will go back and stick to your original rules!. Thanks for a very good system.Ignored
Disliked{quote} Hello tombombadill, First of all, the RSI divergence is a bad copy paste of mine. Apologise for being so tired at the moment when I posted the rules. There is no incidence for this indi with our strategy. Secondly, the volume. I imagine that you are a little bit professional and you have opened several practice accounts with several brokers. At this moment you could see that the volumes provided by each broker are different, because they take in charge only the orders placed on their platform. In fact, it is possible that when for me the...Ignored