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- Opened Mar 27, 2008 | Closed to Voting | 95 Votes
Simplicity is the Ultimate Sophistication 814 replies
Why are we afraid of simplicity? 95 replies
The Journal of Simplicity Trade 12 replies
have you given any thought to possibly keeping the 3/34 ma cross but use the cci in a different manner.....
- if something will be changed, all the system will be out of balance and harmony, if you change any variable of the indicators, everything will return in disacordance
read the ATTENTION in the first post with the rules
the thing is to keep it simple and effective, and not add too much adding of preferences and rules
such as rather than have the ma cross and cci cross on the same bar,
let the long trade be when the 3 ma crosses above the 34 ma and cci is above 0.....
and for the short trade, when the 3 ma crosses below the 34 ma and cci is below the 0.....
i'm fairly confident this will improve your results..... backtesting a ea with the various conditions should let ya know for sure.....
- i'm trading with it now about nearly 2 years
also instead of using the charts 15 minute timeframe for the cci, using the daily timeframe cci with a period of 4 should help..... the higher timeframe might give a better sense of trend...... again backtesting via an ea will let ya know....
- as i wrote, every timeframe is the same, i doesn't matter in which timeframe you trade, its a question of your money risk management, and if your account is able to hold big trades
in any event, thanks for posting your system
DislikedHi, looks interesting, but it seems that one need a bit of practise (like any other strategy) in order to be profitable.
BTW, have you tried lower timeframes (like 5min)? Because watching a trade for sometimes 20+ hours is too much.Ignored
Dislikedhi waterflame can you tell us when you trade this system and on which pairs you use it ?Ignored
Dislikedi am quite new to the hole materia with mt4 so sry for my newbie questions, it seems thats its working now the icon under the left site turned black
what does this script actually do, will it notify found signals or..Ignored
Dislikedyeah i talking sh#t, itīs comming late down here and i should go to bed. what i mean is, i put this script to my mt4 folder under experts/indicators
after restarting mt4 i have a new icon to experts script folder to the left side of mt4, and so what to do now..Ignored
Dislikedi could write but first would like to test, i am new to trading systems and mt4 for testing them but i do have a years of background in software development in nearly every language, i am sure itīs not difficult put this system into code, you can put everything into code if you goodIgnored