Paulus - Traffic lights

That`s `cause he gave himself a 100% payrise!

All the best to all of you - and especially RR

Forex37

EA does not work.

no open trade since this morning.
EA use CCI 13 instead CCI 8

EA's definitely working. Did you change the lot size from 0?

Changed the CCI to 8.

double CCI5min1 = iCCI(NULL, 5, 13, PRICE_CLOSE, Current + 0);
double CCI5min2 = iCCI(NULL, 5, 13, PRICE_CLOSE, Current + 0);

check this lines

The current + 0 in the 2nd line was changed to current + 1.

Hello Ronald,

thanks for sharing the EA. If I remember right Paulus is waiting for the 5 min-candle close and entering the trade on the 2nd candle.

All the best, Steve

If that's the case, set EachTickMode to "False"

Hello Ronald,

the last sell was wrong, 15 min CCI showed long.

Ok, let's wait for Paulus. I had a quick talk with a seasoned trader. He told me Paulus is waiting 10 sec. But I don't want to confuse. Let's ask the master himself.


Greetings from the Black Sea


Steve

i attached the EA to the 15 min chart and had a trade
but the problem was it went up 12 pips (10 + spread) but the EA didnt close
the trade automaticly
do we have to moitor the trade or should the EA close the position?
have stoploss at 10 and takeprofit at 10 just like paulus

i have eachtickmode false
usestoploss true (10)
usetakeprofit true (10)

should moneymanagement be false or true?

thanks

I think this system does not work using only CCI, there must be some filters.
I've made EA and results are not good.
Waiting further explanations from topic starter

Were invisibleSL/TP enabled?

RR invisible stoploss true and invisible takeprofit at 1
should it be like this?
thanks

It should work based on how you described it to me.

I've got impeccably slow timing, so Paulus' method has been a lot easier and forgiving for me than Expat's pure method.

There are far less trades, which means I have to wean myself off putting in 10-20 trades per session. The other discipline I need to develop is to not jump ship too early. Price will meander a bit sometimes before it reaches 10 pip target. But there's a high probability it will reach tp.

As with Expat's system, I find the entry still hazy. Most times, for me, the 5m signals don't get a chance to reset (change from blue to red/red to blue), when a 15m signal comes up. The 5m will remain blue or red until the 15m signals thye next change. So when I get a signal from the 15m, I try to look for a decent entry in the 1m chart. Would like to hear how everyone makes their entry.

Thanks for the posts and understanding about my present position which is on going Im afraid.

How ever the rules are simple

5 and 15 min charts

15 tells us long or short signals

Shorts

CCI red on 15min
CCI goes from blue to red on 5min enter 10 sec from end of candle

Longs

CCI blue on 15min
CCI goes from red to blue on 5min enter 10 sec from end of candle

SL = 10 pips
TP = 10 pips

Entry = Market on lmt if LMT on a short enter sell lmt 2 pips above close of candle if long enter lmt buy 2 pips below close of candle.All we are trying to do is get a better fill by reduce the spread to zero in theory..a but risky and some trades hit thier TP without retracing the 2pips for you to get filled.

Take reversal if they occur

I like trading 7.30am to 11am and 2.30pm to 5pm.

But TP..SL and entry orders and times are yours to choose.

I stop at 20pips for the day and go to sim if I have time.I havnt got loads of time to sit in front of the pc now and 20pips a day is $1k per week per contract.

You will get some signals where the 5min goes red to blue and the 15min CCI is on the zero line having come from red I take these as valid signals.If the 15min CCI is red already and i get a 5min change from blue to red for the short I see these as safe signals.

Look at the chart below signals from Friday PM I have also put on a 30min chart just to confirm the trend for me I may keep it I may not.

1st signal - white vert line change blue to red on 5min 15min is red 30 min is red this is a safe signal

2nd signal - light blue vert line change from blue to red 15 min red 30 min red - safe signal

3rd signal - yellow vert line change from red to blue 15min blue 30min blue safe signal

4th signal - red vert line change from red to blue 15 min blue 30min blue safe signal

I may not be able to answer questions as I dont know when i can visit the boards again

Please find template 5 and 15 and indicators

Thanks

Paulus

The morning signals for Friday

7.30am to 11am

RRaygun, what does SignalsOnly and EachTickMode do in true or false mode?

thnx

k

SignalsOnly:

 

1. True: Will only display the selected alerts (Pop-up, sound, e-mail) and not place trades.
2. False: The EA will place trades.

EachTickMode:

1. True: The EA will look for signals at any time during a bar.
2. False: The EA will look for signals only at the end of the bar.

Does that help?

Hello everybody, thanks Paulus for share with us this strategie, very simple i like so much. But until now I don´t understand how you use the Stoch, is just for safe trades? Could anybody explain it?

Thanks

Also thanks to Ronald for your work making this EA. Could you post the change that we need to modify just for totally automated Ea?

I don´t know how to do it. I made some changes but dosn´t work.

Thanks in advance to everybody.

Hello Forenxe,

Paulus wrote in another thread following.

I had the trigger on the 5min ie we went from blue to red the 15min was red and was saying ok to take the short the stochastic is there just as an indication to me as to where we are in the cycle but plays no part in my entry

Of cource it's nice if stoch headed up or down in desired direction... it's calming ;-)

Paulus, thank you so much for all. Hope everthing will be fine around you.

Steve