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  • #441
  • Aug 27, 2007 4:42am Aug 27, 2007 4:42am
Quoting bksujal
hey Pyramid Nice Indicator But Just Tell Me THAT The Cc1 50 Line Is More Important Rite?
Font size = 2 and right is spelled RIGHT not rite, thanks...

No need to yell about it
  • #442
  • Aug 27, 2007 5:00am Aug 27, 2007 5:00am
Quoting melpheos
Font size = 2 and right is spelled RIGHT not rite, thanks...

No need to yell about it
i was asking pyramid not you anywayz thnx for ur unwanted help
  • #443
  • Aug 27, 2007 6:58am Aug 27, 2007 6:58am
Quoting bksujal
i was asking pyramid not you anywayz thnx for ur unwanted help
my,my .......try and be a little more friendly, as far as I can see everybody here gave you assistance and help. What is it with the "Unwanted help", as far as I can see you need all the help you can get, judging from your questions.

Regards
  • #444
  • Aug 27, 2007 11:07am Aug 27, 2007 11:07am
Hey guys sorry for the language used, and pyramid i really owe you mate ur triple cci is perfect and offcourse the breakout eagle indicator which earned me 40 odd pips 2day thnx cheers!!!
  • #445
  • Aug 27, 2007 11:26am Aug 27, 2007 11:26am
Quoting bksujal
hey Pyramid Nice Indicator But Just Tell Me THAT The Cc1 50 Line Is More Important Rite?
First off, I read this thread from beginning and gracias for a nice and neat system senior Eagle! Thanks also to everyone who contributed here.

Secondly bksujal, its just that when someone repeatedly posts questions with big fonts it can get a little annoying especially for people who spend a lot of time on forums and come across a lot of people who do this.

Anyways, in response to your question, and from my personal experience, you should use CCI14 and CCI50 together in taking your trades if you want to use the triple CCI...Pyramid here just explained about it but I'll try to make it more clear.

The CCI50 is an overall trend indicator. Take zero as a level if CCI50 is above it, this indicates we have something like a trend to the upside. CCI14 is a faster trigger, however, this does not mean you ignore it. With both CCI's above zero, its a stronger trend to the upside, and the box is broken easily.

On the other hand, having CCI50 above zero and CCI14 below makes the box harder to break, thus there failed attempts to break the box, triggering some false signals as perfectly demonstrated by the chart pyramid uploaded. Its not a matter of which line is more important than the other, its about using both indicators together to help you in making a trade decision.

I realize your question was aimed at pyramid but I thought I might pitch in to help.....greetings from Dubai!
Best Wishes.. -Riad Jarjour
  • #446
  • Aug 27, 2007 2:01pm Aug 27, 2007 2:01pm
Quoting anbu
First off, I read this thread from beginning and gracias for a nice and neat system senior Eagle! Thanks also to everyone who contributed here.

Secondly bksujal, its just that when someone repeatedly posts questions with big fonts it can get a little annoying especially for people who spend a lot of time on forums and come across a lot of people who do this.

Anyways, in response to your question, and from my personal experience, you should use CCI14 and CCI50 together in taking your trades if you want to use the triple CCI...Pyramid here just explained about it but I'll try to make it more clear.

The CCI50 is an overall trend indicator. Take zero as a level if CCI50 is above it, this indicates we have something like a trend to the upside. CCI14 is a faster trigger, however, this does not mean you ignore it. With both CCI's above zero, its a stronger trend to the upside, and the box is broken easily.

On the other hand, having CCI50 above zero and CCI14 below makes the box harder to break, thus there failed attempts to break the box, triggering some false signals as perfectly demonstrated by the chart pyramid uploaded. Its not a matter of which line is more important than the other, its about using both indicators together to help you in making a trade decision.

I realize your question was aimed at pyramid but I thought I might pitch in to help.....greetings from Dubai!
hey thanks mate i got it hopefully have a 100% win !!!
  • #447
  • Aug 28, 2007 5:24am Aug 28, 2007 5:24am
[IMG]file:///C:/Documents%20and%20Settings/Majid/Desktop/28August2007.JPG[/IMG]
Attached Image (click to enlarge)
Click to Enlarge Name: 28August2007.JPG Size: 210 KB
Imagination is more important than knowledge. -- Albert Einstein
  • #448
  • Aug 28, 2007 5:43am Aug 28, 2007 5:43am
Pyramid,

do u trade on live account?

and do u use buy stop or sell stop for ur orders which set up above/below red box? or wait when candle close above/below red box?
  • #449
  • Aug 28, 2007 5:46am Aug 28, 2007 5:46am
Quoting 4newbie
Pyramid,

do u trade on live account?
--YES


and do u use buy stop or sell stop for ur orders which set up above/below red box? or wait when candle close above/below red box?
-- I use Sell and Buy STOPS .
I can wait for a pullback , but no need . Stop loss , just make trouble . I use mini lots , so no problem to wait...
Imagination is more important than knowledge. -- Albert Einstein
  • #450
  • Aug 28, 2007 7:07am Aug 28, 2007 7:07am
excuse me, can someone explain me one thing
I do not know exactly, how to put the time
I have GMT+1 (summer time) and the BreakOut 5:00-8:00 (picture below)

this is original the setting??
if someone can me explain this, I will be very grateful

thanks
Attached Image (click to enlarge)
Click to Enlarge Name: time.PNG Size: 39 KB
  • #451
  • Aug 28, 2007 8:00am Aug 28, 2007 8:00am
i made the 10pips on EURUSD, EURGBP and USDJPY. didnt want to leave to run more than (fear) because i was on live account.
Thanks eagle
  • #452
  • Aug 28, 2007 8:35am Aug 28, 2007 8:35am
Quoting POCk
excuse me, can someone explain me one thing
I do not know exactly, how to put the time
I have GMT+1 (summer time) and the BreakOut 5:00-8:00 (picture below)

this is original the setting??
if someone can me explain this, I will be very grateful

thanks
Different MetaTrader server has different time on them. the easiest way is this........

Look at MetaTrader.. what time is it in it..........then go here
http://www.forexmarkethours.com/ make it show the time in your metatrader. after that, just make the box at start 3 hour before UK session.
  • #453
  • Aug 28, 2007 8:56am Aug 28, 2007 8:56am
Quoting Syafi
Different MetaTrader server has different time on them. the easiest way is this........

Look at MetaTrader.. what time is it in it..........then go here
http://www.forexmarkethours.com/ make it show the time in your metatrader. after that, just make the box at start 3 hour before UK session.
very thanks

so I thought i had 1hour for early

thanks thanks for all people engaged in the development ....
  • #454
  • Aug 28, 2007 9:11am Aug 28, 2007 9:11am
Quoting Syafi
Different MetaTrader server has different time on them. the easiest way is this........

Look at MetaTrader.. what time is it in it..........then go here
http://www.forexmarkethours.com/ make it show the time in your metatrader. after that, just make the box at start 3 hour before UK session.
HEY AND SHOULD THE BOX END BE 23 HOURS OR SHOULD THERE BE A DIFFERENCE WITH EACH COUNTRY'S TIME?
  • #455
  • Aug 28, 2007 9:54am Aug 28, 2007 9:54am
The use of indicator is as follows:
Indicator draws a box capturing the high and low of the price for the given time frame and number of candles. Particularly this indicator monitors high and low from 5am to 8am, London time so just set the time this will be on your brokers time in the parameters of the indicator. Indicator draws a box, keeping those high and low in memory for the rest of the day or given time period (for this example it's 23:00 or 11PM). When price breaks out of the given high or low, you accordingly must buy or sell depending on which side of the box was penetrated (high or low).
This indicator works most especially on these following pairs:
AUD/USD
EUR/GBP
EUR/USD
GBP/USD
USD/CAD
USD/CHF
USD/JPY
This a good example of how to enter a trade with the indicator:
For a high breakout (this is when there is a breakout on top of the box) GBPUSD 2.0330 entry. Put your take profit at 2.0340 plus the brokers spread =2.0343 and Stop Loss 2.0315.
For low breakout GBPUSD 2.0307 entry, take profit at 2.0297 minus broker’s spread = 2.0295 and then put your stop loss at 2.0322.
It is a easy strategy don’t know why people are confused. I got this from past post.
Have fun
  • #456
  • Edited 6:00pm Aug 28, 2007 10:38am | Edited 6:00pm
Quoting ohimae
The use of indicator is as follows:
......It is a easy strategy don’t know why people are confused. I got this from past post.
Have fun
Peaple cant get it because didn't read from beginning .......
  • #457
  • Aug 28, 2007 11:37am Aug 28, 2007 11:37am
try and read the first five pages of this thread you will understand
  • #458
  • Aug 28, 2007 4:23pm Aug 28, 2007 4:23pm
Also remember that not every stategy, as simple as it may seem, is simple to each individual. I have not understood strategies after reading the entire thread several times, and people screaming "read the thread its easy!".

(Luckily for me, this one seems very easy!)
  • #459
  • Aug 28, 2007 5:53pm Aug 28, 2007 5:53pm
I'm so sorry, I'm soo stupid, I know It's been asked most time, but it still confuse me. could some one tell me the correct time to capture the box? I've read the entiry thread and still has no clue. too many conclusion.
my broker is northfinance the time is GMT+3, so I put the time to 7-10 (GMT+3) that would be 4-7(GMT) is that right? thanks for you all.
  • #460
  • Aug 28, 2007 6:01pm Aug 28, 2007 6:01pm
Quoting gunset
I'm so sorry, I'm soo stupid, I know It's been asked most time, but it still confuse me. could some one tell me the correct time to capture the box? I've read the entiry thread and still has no clue. too many conclusion.
my broker is northfinance the time is GMT+3, so I put the time to 7-10 (GMT+3) that would be 4-7(GMT) is that right? thanks for you all.
Just make sure... The moment the redbox end = london session starts......
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