Custom Indicator for Divergence set up on CCI and RSI

I'm looking for someone to code a custom alert indicator for my great divergence method. It's simply a cci period 14 and a rsi period 9 showing divergence to the price. Hidden divergences are not neccessary. This is a great method that has at least an 80% accuracy rate. I learned this from a 30 year trading veteran who's traded for banks and hedge funds and now does retail trading. He's made millions of dollars from trading divergence with these set parameters. Works on 5 min time frame right up to the monthly. Works on forex, stocks, commodities and futures. My trader friend trades mostly commodities. I would like someone to code it with an alert and they'll have a great trading method. Both indicators at the same time must be showing divergence to the price for it to be a valid signal. So it must be coded this way. And when both are showing divergence there is a signal with audio and visual alert. Simple but effective trading method. Can someone code this for mt4? thanks, Paris

The red trendlines are where there is divergence to the price. The dotted purple line that runs thru the entire chart is the candle entry. This method works out with a profitable trade most of the time about 85% accuracy. Looking for custom indicator with audible and visual alert . thank you so much. Paris

Another example. I personally look for signals on 3 pairs only but it works well with others too. I concentrate on the EUR/USD, GBP/USD and EUR/JPY on the 5 min charts. Paris

looks like a great system, im forming a similar one with RSI and BB's.
did you end up getting that indi?

Nice system

Anyone have any luck finding this indicator?

thx,
todd

This is the one i'm looking for. I prefer CCI only.

thx,
todd

Have you got your CCI 14 and RSI 9 divergence coded? If you have please share a copy of the indicator with me?

Hi Paris .
I'm new user in this froum .
I saw ur post here , but its old post !
I have a question : Is it work now ?
If its work , another question : did u make indicator/EA for this system ?

Regards.
Babak

Originally Posted by Paris Hilton http://www.forexfactory.com/images/buttons/viewpost.gif
I'm looking for someone to code a custom alert indicator for my great divergence method. It's simply a cci period 14 and a rsi period 9 showing divergence to the price. Hidden divergences are not neccessary. This is a great method that has at least an 80% accuracy rate. I learned this from a 30 year trading veteran who's traded for banks and hedge funds and now does retail trading. He's made millions of dollars from trading divergence with these set parameters. Works on 5 min time frame right up to the monthly. Works on forex, stocks, commodities...


Hi
How r u ?
plaese inform me , Is ist a good strategy ?
how can i set tp and sl for this strategy
best regards
boby

It is a pity no one has offered their services.
I will add to the strength of the request inasmuch as if the current TF level was to cross the upper TF level then there is a substantially increased possibilty that a new direction has been detected.
It is a good trend indicator and with this simple strategy of crossing trends in the upper TF, the potential is highly attractive to any coder who is able.
Happy New Year
George

It just takes 4 or 5 minutes to code this. Take a look at the stochastic divergence indicator and change it to use RSI and CCI as input. I might do it later today when I find some time. Even though someone with little to no trading experience should be able to do it.

Just the most basic changes were made. The RSI is shifted down by 50 points if you want the original values go in the code and change it yourself (a few if statements).

The CCI period of 14 is unrealistic when it comes to divergence and the standard period is CCI-55 for divergence. However, the indicator maintains the signals relating to CCI-14 even when the figure is amended.
The key to finding direction/trend is to get a trend indi and assess the crossing of it with the upper TF trend indi.
I've attached a further trend indi that gives the same result if you need it.
Regards
George

Here is a tip for someone who can code.
The indicator 'Supertrend', posted in the last post, is a trend indicator and when the current TF trend cuts the upper TF trend then it is a simple matter of waiting for confirmation.
See the ILLUSTRATION.
As long as it can be set to cover the current and at least one TF above then the direction has a far higher probability of being correct.
Regards
George