RSI & CCI system | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

My new candy maker (simple stoch & CCI system) 32 replies

What's the use with RSI, STOCH, CCI? 24 replies

Need code CCI channel, CCI with SAR if you can free coding 0 replies

MTF CCI & NonLag MA system help needed 2 replies

different between cci, sto, rsi?? 10 replies

Attachments: RSI & CCI system
Exit Attachments

RSI & CCI system

  • #21
  • Jan 27, 2009 4:20pm Jan 27, 2009 4:20pm
RSI 14 seems to be less reactive

You can change the "RSI custom" 8/55/45 to 14/50/50
Attached File(s)
File Type: mq4 RSI Custom.mq4   3 KB | 3,589 downloads
  • #22
  • Jan 27, 2009 4:39pm Jan 27, 2009 4:39pm
[quote=Thierry89;2497746]RSI 14 seems to be less reactive

Hi Thierry,
"Less reactive"
Do you mean this in a good way or bad?

Thanks,

AZ
I found the guy who keeps losing me money. Its "ME" SHOOT HIM!
  • #23
  • Jan 27, 2009 4:40pm Jan 27, 2009 4:40pm
Eur/usd - Eur/yen - Gbp/usd - Usd/chf
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eur-usd.gif Size: 15 KB
Click to Enlarge Name: eur-yen.gif Size: 16 KB
Click to Enlarge Name: gbp-usd.gif Size: 14 KB
Click to Enlarge Name: usd-chf.gif Size: 15 KB
  • #24
  • Jan 27, 2009 4:45pm Jan 27, 2009 4:45pm
Quoting AZ-Heat
Quoting Thierry89
RSI 14 seems to be less reactive
Hi Thierry,
"Less reactive"
Do you mean this in a good way or bad?

Thanks,

AZ
It seems to give less false signals in fact so in a good way
  • #25
  • Jan 27, 2009 4:56pm Jan 27, 2009 4:56pm
Quoting pierreFX
Bonsoir Thierry
I am french too, albeit with some Belgian!
I love your system. Some great call on the EUR USD
I have devloped my own and am now giving others the signals.
Would like to talk some more about ways we can perhaps work together.?

Sorry for my english too!

You can contact me at [email protected]

Pierre
Salut Pierre

Pourquoi pas oui et on délaissera quelques temps la langue de Shakespeare pour celle de Molière mais attention, je ne recherche pas a acheter de signaux !!

Contacte moi par message privé dans un premier temps si tu le souhaites.
  • #26
  • Jan 27, 2009 5:23pm Jan 27, 2009 5:23pm
Yes me too, I am tired, 0:25 AM in France so good night or good day to all Forex Factory traders and see you soon

Take care.
  • #27
  • Edited 5:57pm Jan 27, 2009 5:33pm | Edited 5:57pm
Quoting Thierry89
Eur/usd - Eur/yen - Gbp/usd - Usd/chf
Please can you upload your template? Also are you still using RSI for exit or ADXcandles? Thanks
  • #28
  • Edited 6:17pm Jan 27, 2009 6:12pm | Edited 6:17pm
Merci Thierry pour ce fabuleux système, c'est très généreux de ta part...je vais essayer sur un compte "démo" en premier temps pour voir si ca marche pour moi.[/font]

English version: Just saying thank you to Thierry for sharing his sytem with us and that I will be testing it to see how it work out for me....[/font]
  • #29
  • Jan 27, 2009 6:25pm Jan 27, 2009 6:25pm
I like cci very much, as well as adx, by the way thank's for the candle indicator, never used rsi, but the idea of trending indicator with oscilator is interesting. going to give it a try. thanks for sharing.
La Bourse est une façon très onéreuse de découvrir son propre tempérament
  • #30
  • Jan 27, 2009 11:01pm Jan 27, 2009 11:01pm
Hi Thierry,

Thank you for sharing this trading style. It's appreciated!

I have a couple questions regarding ENTRY:

1. When the 5 min. candle closes, the RSI is (Red) and the CCI does NOT cross below the zero until the next candle, is this a VALID SHORT entry?
(Does it all have to happen on the close of a candle can one indicator be delayed for a couple bars after and still remain a signal)?

2. Is the CCI indicator apply settings: Typical Price (HLC/3)

Thank you for your response and time.
  • #31
  • Jan 28, 2009 2:50am Jan 28, 2009 2:50am
This system is very basic and serves as a beginning point for a lot of EA's that you will come across in this forum. Just beware of the false signals that you will surely encounter using CCI 0 as a entry for buy and sell. Many EA's have filtered out the false signals by entering a buy at around CCI 100 with the RSI above 55 and entering a sell with the CCI at -100 and RSI below 45. But CCI 14 is a very slow moving signal when most use a combination of CCI 170 and 34 or CCI 89 and 21 for a more accurate picture of the market. But good luck with your system and as long as you're making pips, that's what really counts man.
  • #32
  • Edited 3:29am Jan 28, 2009 3:15am | Edited 3:29am
Hello ClearTrade

Do you mean CCI 89/21 crossing for example ?

Temporarily Results on gbp/usd, eur/yen and eur/usd
8h00-10h00 (Paris) +102 pips
Maxi drawdown - 56 pips
  • #33
  • Jan 28, 2009 3:46am Jan 28, 2009 3:46am
Quoting Fxcash
Hi Thierry,

Thank you for sharing this trading style. It's appreciated!

I have a couple questions regarding ENTRY:

1. When the 5 min. candle closes, the RSI is (Red) and the CCI does NOT cross below the zero until the next candle, is this a VALID SHORT entry?
(Does it all have to happen on the close of a candle can one indicator be delayed for a couple bars after and still remain a signal)?

2. Is the CCI indicator apply settings: Typical Price (HLC/3)

Thank you for your response and time.
Hello Fxcash

1. Yes, you must open your trade only if the CCI crosses below 0 on the closed candle or await the next candle.
The primary indicator is the RSI
2. Yes it is.
  • #34
  • Jan 28, 2009 3:52am Jan 28, 2009 3:52am
hey Thierry really nice system!! I think it works great when the european markets are open! I also put just a regular ADX indicator with a setting of 14, and if you only would be taking trade when the ADX is above 20 i think it would keep out of a lot of choppines! great system! thanks for sharing!
  • #35
  • Jan 28, 2009 4:33am Jan 28, 2009 4:33am
Quoting arubin
hey Thierry really nice system!! I think it works great when the european markets are open! I also put just a regular ADX indicator with a setting of 14, and if you only would be taking trade when the ADX is above 20 i think it would keep out of a lot of choppines! great system! thanks for sharing!
Arubin,

Can you post a chart using the ADX indicator with your entries marked.

Many thanks.
  • #36
  • Jan 28, 2009 4:41am Jan 28, 2009 4:41am
Target reached in usd/chf
Attached Image (click to enlarge)
Click to Enlarge Name: usd-chf.gif Size: 17 KB
  • #37
  • Jan 28, 2009 4:50am Jan 28, 2009 4:50am
this was my entry... i guess the same one as Thierry's but I don't use MT4 so I can't get my charts to look the same way
Attached Image (click to enlarge)
Click to Enlarge Name: usd chf 11.15.JPG Size: 197 KB
  • #38
  • Jan 28, 2009 4:55am Jan 28, 2009 4:55am
this would be the entry if i am understant the setups correctly, please correct me if i am wrong Thierry
Attached Image (click to enlarge)
Click to Enlarge Name: yesterday's trade usd chf.JPG Size: 267 KB
  • #39
  • Jan 28, 2009 5:01am Jan 28, 2009 5:01am
Yes arubin, your entry seemed correct.
  • #40
  • Jan 28, 2009 5:02am Jan 28, 2009 5:02am
HI
maybe if we use multi time frame we can reduce a lot the fake signal , like we check in 4 hour char if condition is met , lets sy long , we look at 30 min if conditin met for long , than we go to 5 minute to get the entry when we have a signal in the same direction of m30 and H4
REGARDS
0 traders viewing now