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  • #521
  • May 29, 2019 3:51am May 29, 2019 3:51am
I wish I had it in me to be able to watch multiple pairs. The most I can do is probably two at a time. If I had more monitors dedicated to individual charts I could. Maybe someday. The only charts anyone will see from me will be GBP/USD.

Today's trade ran with a wide stop (12 pips) and an ambitious TP (20 pips). It's not shown, but my stop rested just above the high of the M15 bar that took out my lower drawn level. Trade definitely relied on the market being able to move, unlike yesterday's indecisive LO. My TP was set based on equity, ~1.5x my risk. However, that profit target was just a smidge below hourly support @~1.26340 (chart 2). Granted I'm still trying to get better at marking market structure, the trade might've reversed before my TP was hit. Alternatively, the support level I see may not even be support, and price may fall without a care. Who's to say.
Attached Image(s) (click to enlarge)
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  • #522
  • May 29, 2019 6:22am May 29, 2019 6:22am
Quoting tgfh
I wish I had it in me to be able to watch multiple pairs. The most I can do is probably two at a time. If I had more monitors dedicated to individual charts I could. Maybe someday. The only charts anyone will see from me will be GBP/USD. Today's trade ran with a wide stop (12 pips) and an ambitious TP (20 pips). It's not shown, but my stop rested just above the high of the M15 bar that took out my lower drawn level. Trade definitely relied on the market being able to move, unlike yesterday's indecisive LO. My TP was set based on equity, ~1.5x...
Very well executed.
I envy that skill.
I entered after the retrace and closed it after 2 pips, not even worth showing.
Watching 3 pairs is not hard, i mark my levels with alerts.
  • #523
  • May 29, 2019 9:01am May 29, 2019 9:01am
CCI signals occured a little before the breakout.
The moment my order triggered, price reversed with 9 pips and so very nearly stopped me out.
By the time the trade was concluded my SL had already been moved to BE.
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  • #524
  • May 30, 2019 2:52am May 30, 2019 2:52am
Entry could have been sooner.
Yet i'm happy for the 7 pips i banked before price turned around and went back past my entry.
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  • #525
  • May 30, 2019 9:04pm May 30, 2019 9:04pm
Unfortunately, I was not able to make it to my charts at the start of LO. Today's was a breakeven, 2 pips short of the TP. The initial LO breakout was a good catch. What followed was a tight bound range. Lots of caution from the last range.
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  • #526
  • May 31, 2019 7:12am May 31, 2019 7:12am
Two counter-trend CCI signals yesterday after strong downward moves on EA and XAU.
CCI(100) crosses -100 level at exact same time as CCI(14) crosses 100 level.
It's always interesting to observe what happens next...
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  • #527
  • May 31, 2019 11:32am May 31, 2019 11:32am
@ Whatever.
Great Job- Vielen Dank!
  • #528
  • May 31, 2019 8:34pm May 31, 2019 8:34pm
Quoting tgfh
I wish I had it in me to be able to watch multiple pairs. The most I can do is probably two at a time. If I had more monitors dedicated to individual charts I could. Maybe someday. {image} {image}
hI TGFH Multiple charts are not difficult if you have an alert on each chart. Sometimes a bit annoying tho'. I will attach a CCI indi which allows you to set various alerts and will simplify chart watching. Maybe set the alert for the slow cci cross - but up to you. There are quite a few others around also.
Attached File(s)
File Type: mq4 CCI_Filter_vX2DSalerts_mtf.mq4   9 KB | 380 downloads
File Type: ex4 CCI_Filter_vX2DSalerts_mtf.ex4   28 KB | 310 downloads
  • #529
  • Jun 1, 2019 1:11am Jun 1, 2019 1:11am
Hey, AltosTrader. Great stuff. Indi alerts have been something I've dabbled with. However, it's a bad habit of mind to trade off the indicator with little regard to price. I'll try it, and perhaps just to observe and not trade. I do like to set alerts for price levels.

Last trade of the week was a breakout of the Asian range to the upside (arrow 1 on chart 1). If you were looking at an hourly chart (chart 2), you would note the resistance that was just north of the entry. Nevertheless, I took the long with that in mind and even let my stop get hit, despite price giving me a break-even opportunity. I at least moved my stop up to lose half my initial risk.

In hindsight, there were more breakouts I missed out on (arrows 2 and 3 on chart 1). In particular, I'd like to note that the third breakout marked on the chart is a very popular reversal pattern: head-and-shoulders. You can see a breakout of the neckline.
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  • #530
  • Jun 1, 2019 4:44am Jun 1, 2019 4:44am
Quoting AltosTrader
{quote} hI TGFH Multiple charts are not difficult if you have an alert on each chart. Sometimes a bit annoying tho'. I will attach a CCI indi which allows you to set various alerts and will simplify chart watching. Maybe set the alert for the slow cci cross - but up to you. There are quite a few others around also. {file} {file}
Thanks for sharing this.
  • #531
  • Jun 1, 2019 5:36am Jun 1, 2019 5:36am
Quoting tgfh
Hey, AltosTrader. Great stuff. Indi alerts have been something I've dabbled with. However, it's a bad habit of mind to trade off the indicator with little regard to price. I'll try it, and perhaps just to observe and not trade. I do like to set alerts for price levels. Last trade of the week was a breakout of the Asian range to the upside (arrow 1 on chart 1). If you were looking at an hourly chart (chart 2), you would note the resistance that was just north of the entry. Nevertheless, I took the long with that in mind and even let my stop get hit,...
...and at break of neckline the CCI gave the countertrend signal: simultaneous cross of CCI(100) from below -100 level and CCI(14) above 100.
  • #532
  • Edited 6:49am Jun 1, 2019 6:10am | Edited 6:49am
Hi Guys & Gals,
How many of you here, entered the trade assuming both cci crossed +100/-100 but in real one crossed +100 and another crossed -100. Well, atleast i did few times lol. Using two cci leads confusion and it occupies the chunk of your screen. So, i was searching for double cci indicator for a while but couldn't find anything like that, kinda gave up. Luckily few days ago i stumbled upon the old indicator name WoodieCCi which was used by a lot of people and shared many times over in this forum. I played around the code when i had free time(I am not a coder, learned bit code back in school), i removed unwanted stuffs and changed few things in the indicator. After a few compiling and head-splitting errors. Finally, it's done. I tested with normal two CCI in the live chart, it exactly the same and working fine. I attached the indicator and screenshot, please use it

PS: By posting this indicator if i break any rules, please let me know or feel free to remove it. I just want to help this thread. Thank you Whatever and other members
Attached Image (click to enlarge)
Click to Enlarge Name: cci.png Size: 173 KB
Attached File(s)
File Type: mq4 DoublecciV1.4.mq4   5 KB | 226 downloads
A meeting that was never meant to happen
  • #533
  • Jun 1, 2019 9:36am Jun 1, 2019 9:36am
Quoting Barsh
Hi Guys & Gals, How many of you here, entered the trade assuming both cci crossed +100/-100 but in real one crossed +100 and another crossed -100. Well, atleast i did few times lol. Using two cci leads confusion and it occupies the chunk of your screen. So, i was searching for double cci indicator for a while but couldn't find anything like that, kinda gave up. Luckily few days ago i stumbled upon the old indicator name WoodieCCi which was used by a lot of people and shared many times over in this forum. I played around the code when i had free...
Indeed Barsh. Seeing the -100 level for the +100 level is somewhat of an occupational hazard of trading this system (although that's how we discovered the countertrend signal, which i'm yet to trade. Maybe one day when i'm a braver trader.)

I'd like to try your indicator. Thank you so much for sharing it. Any chance of an ex4 file?
  • #534
  • Jun 1, 2019 10:27am Jun 1, 2019 10:27am
Quoting helbor
{quote} Indeed Barsh. Seeing the -100 level for the +100 level is somewhat of an occupational hazard of trading this system (although that's how we discovered the countertrend signal, which i'm yet to trade. Maybe one day when I'm a braver trader.) I'd like to try your indicator. Thank you so much for sharing it. Any chance of an ex4 file?
Yes Helbor, but like 'Whatever' said earlier counter-trend trading is quite a risky setup. I was testing on demo account, I could able to get early trend which was nice but win rate is a bit low compared to the original, I recommend at least wait till 100 CCI crosses zero or 50. Actually, I am trying new setup where you enter the trade when both CCI(14)&CCI(100) zero at the same time with angle 12'-2'/4'-6' clock, i find it quite successful but still in the testing stage(please don't try on live account). I apologize for not sharing trades, I would really love to share charts and ideas but i am very busy in the job and moving, I will try to post once i get settled down
I attached the .ex4 file, please feel free to use it
Attached File(s)
File Type: ex4 DoublecciV1.4.ex4   16 KB | 215 downloads
A meeting that was never meant to happen
  • #535
  • Jun 2, 2019 8:35am Jun 2, 2019 8:35am
Quoting Barsh
{quote} Yes Helbor, but like 'Whatever' said earlier counter-trend trading is quite a risky setup. I was testing on demo account, I could able to get early trend which was nice but win rate is a bit low compared to the original, I recommend at least wait till 100 CCI crosses zero or 50. Actually, I am trying new setup where you enter the trade when both CCI(14)&CCI(100) zero at the same time with angle 12'-2'/4'-6' clock, i find it quite successful but still in the testing stage(please don't try on live account). I apologize for not sharing trades,...
Thanks for the indicator Barsh, i'll be trying it this week alongside the two separate ones to see which i prefer.
At first glance it does the job well, see signal on XAU from Thursday... we want to see the lines on top of each other passing the 100 or -100 levels.
Please post your charts. Winners and losers. It will be so motivating to see.

I used my Trade Interceptor (Trader's Gym) yesterday - it's a forex tester for mac - trading this system.
I use a 10pip SL and 20pip TP on GU and the results are truly motivating, even on the counter trend signals.
Attached Image(s) (click to enlarge)
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  • #536
  • Jun 2, 2019 11:03am Jun 2, 2019 11:03am
Quoting helbor
{quote} Thanks for the indicator Barsh, i'll be trying it this week alongside the two separate ones to see which i prefer. At first glance it does the job well, see signal on XAU from Thursday... we want to see the lines on top of each other passing the 100 or -100 levels. Please post your charts. Winners and losers. It will be so motivating to see. I used my Trade Interceptor (Trader's Gym) yesterday - it's a forex tester for mac - trading this system. I use a 10pip SL and 20pip TP on GU and the results are truly motivating, even on the counter...
Glad you like it. Definitely, I will try to post charts... the more we discuss the more we improve this strategy. That some really good results. Have to admit double CCI strategy is the most promising system that I crossed recently.
A meeting that was never meant to happen
  • #537
  • Jun 3, 2019 4:11am Jun 3, 2019 4:11am
This system is rock solid.

XAU gave a good signal on 15min this morning, but the preceding candle was large.
I set a 10pip stop and 20pip TP.
After a few 5m candles with tails to the top i waited for price to return to entry point and got out at +5 pips, jittery about a deep retrace.
And then for next 15min i watched how it hit my target without coming near my SL.
(I show it here on the 5m but signal and entry was on 15m).

Should walk away from my trades really, and leave them to bake.
Attached Image (click to enlarge)
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  • #538
  • Jun 4, 2019 1:09pm Jun 4, 2019 1:09pm
XAU | London open
Bad entry. Late.
Entering after big candles just before LO = rarely a good plan.
Briefly contemplated re-entering after 10 pip SL got hit.
So very happy i didn't.
Attached Image (click to enlarge)
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  • #539
  • Jun 6, 2019 4:22am Jun 6, 2019 4:22am
Quoting Barsh
Hi Guys & Gals, How many of you here, entered the trade assuming both cci crossed +100/-100 but in real one crossed +100 and another crossed -100. Well, atleast i did few times lol. Using two cci leads confusion and it occupies the chunk of your screen. So, i was searching for double cci indicator for a while but couldn't find anything like that, kinda gave up. Luckily few days ago i stumbled upon the old indicator name WoodieCCi which was used by a lot of people and shared many times over in this forum. I played around the code when i had free...
Thank you buddy for your input to this thread! Will test your indicator for sure!
  • #540
  • Jun 6, 2019 6:22am Jun 6, 2019 6:22am
Quoting Whatever.
{quote} Thank you buddy for your input to this thread! Will test your indicator for sure!
Your welcome
A meeting that was never meant to happen
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