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Quoting Kmoney99
{quote} hey I’m new to this thread, but how can I get a MT4 template? Or even a break down of the indicators used and their individual settings? very interested in this system! Thanks
All the settings are shown in the charts. I do not have template for any platform. But You can very easily put these indicators on a chart in MT4
It is amazing how much attention is being paid the the 10yr Bond auction these days. That never used to be the case. But lately they have been selling a record amount of Bonds and it has really effected the yields. Thus you see the P/A really pick up at 11:00am my time. P/A was pretty boring until then.
Really interesting scalping system. Let's see if I do it right. Green for hourly and Red for 15m. 20/20CCI and 20/25 StochRSI. I look for scalping 12 pips per trade. Also remain 12 pips SL at the same time. Entry: Both indicators disagree to agree between H1 and 15m.
Ex. H1 bullish but 15m bearish. Either 15m agrees with H1 or H1 agrees with 15m.

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Here is one my charts from today. All the parameters are on the chart.
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Quoting kthrapp350
Here is one my charts from today. All the parameters are on the chart. {image}
Do you use Heikin Ashi to confirm the signal? How do you use bollinger bands?
Quoting zkchyo
{quote} Do you use Heikin Ashi to confirm the signal? How do you use bollinger bands?
No, I just like the look of the chart. I like the Sto-RSI. If that is in conflict with the other indicators. then no trade. If the CCI is crossing above the zero line but Sto-RSI is below the 0.5 line then that is not a good entry. Also If the 25 period RSI is above the 50 line then I only trade long, if below then I only trade short. You want a confluence of all three. Works pretty good a filtering out bad trades.
Quoting kthrapp350
{quote} No, I just like the look of the chart. I like the Sto-RSI. If that is in conflict with the other indicators. then no trade. If the CCI is crossing above the zero line but Sto-RSI is below the 0.5 line then that is not a good entry. Also If the 25 period RSI is above the 50 line then I only trade long, if below then I only trade short. You want a confluence of all three. Works pretty good a filtering out bad trades.
Thanks. It helps a lot. I am so confused with heiken ashi and BBands.
Quoting zkchyo
{quote} Thanks. It helps a lot. I am so confused with heiken ashi and BBands.
I have a lot of charts that are not HA charts. If you do not like the Bolllinger bands one does not have to use them. The blue EMA is 34 periods. That is just to help confirm the trend. Price is above is long and below is short. The BB's are just good to see when momentum picks up or begins to slow down. Ranging verses trending. Trending markets stick close to one of the outer bands in what ever direction it is going. When price moves a way from the band it many times reverts back the mean or the average in the middle. that is a good place to start looking for another trade. I study each indicator to see what the creator was trying to do. So that I understand what the indicator is measuring and telling me as a result. Helps to understand what the P/A is doing. Gives me understanding and confidence. Hope that helps
Quoting kthrapp350
{quote} I have a lot of charts that are not HA charts. If you do not like the Bolllinger bands one does not have to use them. The blue EMA is 34 periods. That is just to help confirm the trend. Price is above is long and below is short. The BB's are just good to see when momentum picks up or begins to slow down. Ranging verses trending. Trending markets stick close to one of the outer bands in what ever direction it is going. When price moves a way from the band it many times reverts back the mean or the average in the middle. that is a good place...
Thanks for sharing your knowledge with us.

Here is the 15-minute EURUSD backtesting journal for recent 22 days. Only take trades from 15 minutes before London Open to London Close. TP 12 pips and SL 12 pips.

Account 1 takes 1 lot for each trade. Account 2 makes it 1R for each trade.

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Attached File(s)
File Type: xlsx backtest.xlsx   17 KB | 86 downloads
After trading costs. $7 round trip for a lot.
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Attached File(s)
File Type: xlsx backtest after trading cost.xlsx   19 KB | 108 downloads
Quoting kthrapp350
{quote} I have a lot of charts that are not HA charts. If you do not like the Bolllinger bands one does not have to use them. The blue EMA is 34 periods. That is just to help confirm the trend. Price is above is long and below is short. The BB's are just good to see when momentum picks up or begins to slow down. Ranging verses trending. Trending markets stick close to one of the outer bands in what ever direction it is going. When price moves a way from the band it many times reverts back the mean or the average in the middle. that is a good place...
This post deserves more attentions. The strategy works very well among markets. May I ask that how do you determine the parameters of the indicators? And how do you choose different indicators to improve your system? I really want to know your thought process.
My chart today +41 ticks before FOMC Minutes
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So a little on my thought process is that in the futures market things can change pretty fast. So I have to good at trading both sides of the market. I have to be able to go long and 60 seconds later go short the market. I have to have a repeatable system that works on any time frame. My settings are pretty standard. 14-20 is very standard CCI setting. RSI is usually 8-20. The Macd I do not use the standard settings and I do not trade the cross of the Macd and signal lines. On all of these indicators I trade the zero or 50 line. Above is long and below is short. Now if my longer term indicator is up and the shorter term indicator is below then I might trade off of the regular setting.

The CCI, RSI, Sto-RSI, Macd what ever I have up have to agree. IF the CCI is up above the zero line and the Sto-RSI is below, that is not a trade. There is no momentum and usually it turns into a losers. But really it pay to keep it simple.
On the chart @ 9.23am you entered the second short @ 8.09am the RSI is on the floor. You lost that trade Why would you short something when the RSI is smashed on the floor? In kindness, that's just crazy, though jst my opinion and your money your call, would love to know why?
Quoting adamgraham10
On the chart @ 9.23am you entered the second short @ 8.09am the RSI is on the floor. You lost that trade Why would you short something when the RSI is smashed on the floor? In kindness, that's just crazy, though jst my opinion and your money your call, would love to know why?
Not sure what you are referring too. Chart starts at 9:40
"Hello, I am a programmer in NinjaTrader 8, and I really like your method. I would be tempted to code it in NinjaScript. Can you please formally explain to me the entry and exit rules of your trades? I will make a list of what I understood; could you please confirm if it is correct?

  1. Enter at the cross above of the 0 level on CCI on the longer timeframe. (entry long)
  2. The Stoch(rsi) must be greater than 0.5. (entry long)
  3. To validate the trade, check smaller timeframes to ensure that CCI and Stoch(rsi) are in agreement with the longer timeframe." (cci above level 0 and Stoch(rsi) above 0.5) (entry long)
  4. for the short side is the opposite.

Quoting maxymm74
"Hello, I am a programmer in NinjaTrader 8, and I really like your method. I would be tempted to code it in NinjaScript. Can you please formally explain to me the entry and exit rules of your trades? I will make a list of what I understood; could you please confirm if it is correct? Enter at the cross above of the 0 level on CCI on the longer timeframe. (entry long) The Stoch(rsi) must be greater than 0.5. (entry long) To validate the trade, check smaller timeframes to ensure that CCI and Stoch(rsi) are in agreement with the longer timeframe." (cci...
That is correct. Sto-Rsi does not work well by it's self. But when the CCI is crossing above the zero line, we want the Sto-Rsi to being doing the same. If the Sto-Rsi and the CCI do not agree, then the trade usually goes nowhere. CCI is better at direction and the Sto-Rsi is better at momentum. The closers they cross together, meaning the less bars between when they cross the better the signal. Many times I have a longer CCI on the bottom like 45 periods. This represents a longer 1500 tick chart. Works very well in trends. There are many short trends through out the day in the futures market.

I also do the same thing with Macd and RSI and Stochastics. But Which ever I use I always include the sto-Rsi with them. Could be used on any type of chart, tick, Range, Renko, Volume charts and on any time frame. From inta-day to swing trading. Here is the chart I will be trading today. All the parameters for each indicator is on the chart.
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This is a RSI version
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This is a Macd version
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RSI and CCI working together with Sto-Rsi. Again on all these charts I am using the zero of 50 line as a signal. These are the 610 tick charts. I have the same setting on the 233 chart that is up beside these. But you can use longer or shorter time frames if that is what you are comfortable with. The principle works on any time frame. which what makes it a good system.
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