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Attachments: CCI Divergence 5mn
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CCI Divergence 5mn

  • #21
  • Jan 30, 2009 10:40am Jan 30, 2009 10:40am
Quoting nixx
hi thierry,
i really like the setup, but could u be more specific when should we take our profit. From the pic i know that u're using pivot line as a tp , but if we consider the movement of cci, i think it would better we stop at s1 instead of s2.
Or do u have any other indi as a filter for this setup?
Just curious ...thanks
Hello nixx

Sorry but I have not other indicator for exit trade and I think we're all looking for it
I am a trader Forex for 4 years including 2 years as professional and I begin to feel the market movements and particularly some currencies.
Price action and divergence for example could be useful for some of your exits.
I am sorry not be able to help you nixx.
  • #22
  • Jan 30, 2009 11:04am Jan 30, 2009 11:04am
Quoting maximteo
Just out of curiosity, can we apply the same CCI setting for other time frames as well?
Hello maximteo

The same CCI setting for 15mn below

This method works in a trend market with hidden divergence which confirm a trend and makes it possible to open a position in the trend
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbp-usd.gif Size: 14 KB
Click to Enlarge Name: gbp-usd 2.gif Size: 15 KB
  • #23
  • Jan 30, 2009 11:31am Jan 30, 2009 11:31am
hello thierry

i like this system and i tested today , works great

mind to share other system you have using?
  • #24
  • Jan 30, 2009 8:38pm Jan 30, 2009 8:38pm
Quoting Thierry89
Hello nixx

Sorry but I have not other indicator for exit trade and I think we're all looking for it
I am a trader Forex for 4 years including 2 years as professional and I begin to feel the market movements and particularly some currencies.
Price action and divergence for example could be useful for some of your exits.
I am sorry not be able to help you nixx.
okay, let me be frank..
are u telling me that u enter the market with this setup and the exit by using your instinct..(bcoz u can feel the market)...
Am i right?...wow..
(sigh, when will this happen to me)
anyway, thanks...
  • #25
  • Jan 30, 2009 11:09pm Jan 30, 2009 11:09pm
Thierry89 in your post 22# i see you have to pictures and two trades the first why do you take this trade by drawing the line for divergence under the trend why not over with the 2 tops before that are divergence but had produced a failed signal.

the same is for picture 2 why do you draw the line under the trend why not above on the tops that are after your line that also would produced a fail signal. How do you know witch divergence you shall use ??


best regards and sorry for my spellings
  • #26
  • Jan 31, 2009 6:44am Jan 31, 2009 6:44am
Quoting jgadefelth
Thierry89 in your post 22# i see you have to pictures and two trades the first why do you take this trade by drawing the line for divergence under the trend why not over with the 2 tops before that are divergence but had produced a failed signal.
You mean like that below !?

If I take the first short trade, you can see that my SL has not been reached so I will get out to the following next long trade with a small loss of less than 10 pips.
I did not used TF15 and these trades because that was an example for Maximteo about his post #16
Attached Image (click to enlarge)
Click to Enlarge Name: gbp-usd.gif Size: 16 KB
  • #27
  • Jan 31, 2009 6:58am Jan 31, 2009 6:58am
Quoting nixx
okay, let me be frank..
are u telling me that u enter the market with this setup and the exit by using your instinct..(bcoz u can feel the market)...
Am i right?...wow..
(sigh, when will this happen to me)
anyway, thanks...
Hello nixx

I use price action, divergences and experience of the market for get out but not my instinct and I do not use coins but I am sure that experienced traders had understood my thoughts
  • #28
  • Jan 31, 2009 7:04am Jan 31, 2009 7:04am
Quoting jgadefelth
Thierry89 in your post 22#
the same is for picture 2 why do you draw the line under the trend why not above on the tops that are after your line that also would produced a fail signal. How do you know witch divergence you shall use ??
Why to take this divergence ?... Simply because that was the first divergence
Your divergence must be beyond of CCI line 100/-100 and not between 100/-100
  • #29
  • Jan 31, 2009 8:59am Jan 31, 2009 8:59am
hey thierry89

do u manually draw those support and resistance level on your chart? if you use any (pivot) indicator, can you please post?.
  • #30
  • Jan 31, 2009 9:50am Jan 31, 2009 9:50am
Hello titan0708

Yes I can
Attached File(s)
File Type: mq4 FiboPiv_v2.mq4   5 KB | 1,825 downloads
  • #31
  • Jan 31, 2009 11:50am Jan 31, 2009 11:50am
Hi Thierry..
Thanx for share...Just old question...Is this system suitable for all pair?..thx
let's make pips
  • #32
  • Jan 31, 2009 4:11pm Jan 31, 2009 4:11pm
26# yes that is what i mean thank you for your clarifying that.


best regards
  • #33
  • Jan 31, 2009 4:14pm Jan 31, 2009 4:14pm
28# ok is there a rule about the first divegence that i have missed i mean picture 2 and i talking about the 2 tops after your divergence that you have pointed out that is by 2 bottoms also there is 2 bottoms after my 2 tops also on that same picture.


best regards
  • #34
  • Feb 1, 2009 4:11am Feb 1, 2009 4:11am
i seriously belive that cci divergence far superceed other divergence indicator
out there cus it brings in more reliable pips but there is still a flaw cus not every body is like thierry that can succeessfully draw an accurrate divergene line.so if any of you guys out that belive you are genius should help creating a cci divergence indicator for us in this thread cus i belive the thread has promise
  • #35
  • Feb 1, 2009 6:15am Feb 1, 2009 6:15am
30#
a million thanks, thierry89
  • #36
  • Feb 1, 2009 7:46am Feb 1, 2009 7:46am
1. Sell -- > Divergence and entry when CCI down below 100
2. Buy --> Divergence and entry when CCI cross up above -100

Please take a look chart below and correct me if i make wrong line..thanks
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_01 Feb. 01 20.09.gif Size: 42 KB
let's make pips
  • #37
  • Feb 1, 2009 7:56am Feb 1, 2009 7:56am
You will need this.......
DOESNT REPAINT
Attached File(s)
File Type: mq4 CCI_Divergence_V1.1.mq4   12 KB | 3,616 downloads
forexflash
  • #38
  • Feb 1, 2009 11:20am Feb 1, 2009 11:20am
Thanks a lot forexflash for this cci divergence indicator ,difficult to find some good divergence indicators,do you have any recommendation on the best time frame ?
pierre
"Everything subject to destruction before even be created"
  • #39
  • Feb 1, 2009 11:25am Feb 1, 2009 11:25am
Sorry forget to ask,can you break down the hidden and regular colors trends,because i see 4 differents colors.
"Everything subject to destruction before even be created"
  • #40
  • Feb 1, 2009 12:30pm Feb 1, 2009 12:30pm
Quoting FOREXflash
You will need this.......
DOESNT REPAINT
Hi FF...
Thanks..But, what about the setting of this indi in order to relevant with CCI 10?.
let's make pips
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