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CICR system (Currency index cross referencing)

  • #361
  • Oct 12, 2011 4:15am Oct 12, 2011 4:15am
Quoting ride.inc
I personally think that the best feature of this method it is not the profits. Profits are great and we like it However for me the best part is that when index is showing momentum with all arrows and you see some pairs that also have arrows direction in one side then there is very low probability that price will go against you. So even if price won't go your way you are able to exit with close to no loss at all. That is what I like the most with this method. Just some thought to share.
What u said is true, its basically how you look at momentum in real time. Yesterday it was chf today the dollar
  • #362
  • Oct 12, 2011 4:27am Oct 12, 2011 4:27am
sure, here goes the templates..

Quoting radiant army
leekaq, you are doing wonderfully well, i will appeciate if you can oblige me the new DB with 3 tf ( h1, h4, d1) i want to try it wth couple of indicator i here on 15min.
thanks
Attached File(s)
File Type: tpl index DB scalp.tpl   104 KB | 499 downloads
  • #363
  • Oct 12, 2011 4:35am Oct 12, 2011 4:35am
Quoting leekaq
sure, here goes the templates..
Thank you. Could somebody please explain the significance of the numbers colors e.g. green, yellow or whitish. Leekaq said he looks at the green - what tf would that be on, since each tf shows a different color mostly.
Thanks.
  • #364
  • Oct 12, 2011 4:37am Oct 12, 2011 4:37am
OMG

Close this thread NOW !!!!!!!!!!
CICR is damn good !

picked some perfect setups this morning ,NZDLFX up,USDLFX down, LFXJPY up(pay attention LFXJPY signals must be reversed).GBPLFX down
all TFs lined up H1,H4,D1,W1,MN

Some more study needed about trade management and scalping

capito,you are a smart Trader.
Voucher for you
Please close this thread now... you now what I mean ..

took this snapshot to show some profits, RSI arrows were perfect some min ago

http://img23.imageshack.us/img23/7820/cicr.gif
Account deleted
  • #365
  • Oct 12, 2011 4:53am Oct 12, 2011 4:53am
Quoting swissforex
OMG

Close this thread NOW !!!!!!!!!!
CICR is damn good !

picked some perfect setups this morning ,NZDLFX up,USDLFX down, LFXJPY up(pay attention LFXJPY signals must be reversed).GBPLFX down
all TFs lined up H1,H4,D1,W1,MN

Some more study needed about trade management and scalping

capito,you are a smart Trader.
Voucher for you
Please close this thread now... you now what I mean ..

took this snapshot to show some profits, RSI arrows were perfect some min ago

http://img23.imageshack.us/img23/7820/cicr.gif...
Oh Yes swiss forex.

I wont be here for too long. I have just shown a small ray of light which eventually opens into a room of bright light.
Soon you will have one of my micro accounts statement online and yes i will show you guys how each and everyone of you who trades this market, goes through so many hardships, its not really required.
Life is simple we often complicate it.
In the first week of November sit back relax and see how the 1st week of november will provide you pips we can only dream of making,
I will be signing off shortly, Of course i will available somewhere else with my fellow traders who trade for a living and also help others to make sure they have a good life.

Help yourself and help humanity.

Cheers!!!
Capito
  • #366
  • Oct 12, 2011 5:01am Oct 12, 2011 5:01am
Quoting capito
I have been receiving a lot of requests. let me see if there is a way i can hold a webinar for all of you.
Hi Capito, Namaste. Try anymeeting.com. Its free, you have audio and visual.
Pardy
  • #367
  • Oct 12, 2011 5:10am Oct 12, 2011 5:10am
Sorry to ask again but what are the ticks under tf on the indicator are they important or do we disregard them , i cant make sense of them
  • #368
  • Oct 12, 2011 5:14am Oct 12, 2011 5:14am
i'm getting out of my office..see ya guys tonite.. +800 pips and counting. (~2000 pips in 3 days)

Thanks Capito...get a wife if u still dont have one..
Attached Image (click to enlarge)
Click to Enlarge Name: ww42.3 trade3.jpg Size: 126 KB
  • #369
  • Oct 12, 2011 5:15am Oct 12, 2011 5:15am
censura,

The ticks under the TF are the correlated RSI levels for that TF. Therefore, if under H4 it has a green 68 reading, the H4 RSI has been recently above 70 and is coming down from those previous levels.

-RD

Quoting censura
Sorry to ask again but what are the ticks under tf on the indicator are they important or do we disregard them , i cant make sense of them
  • #370
  • Oct 12, 2011 5:44am Oct 12, 2011 5:44am
Ok please bare with me ,

on AUDJPY i have a down arrow and and a green tick now does this mean it was at 70 and is now below 30

and MN has is arrow pointing up and a yellow tick so is this saying it was at 30 and above 30 but not above 70 yet ie inbertween 30 -70 when it goes to 70 will it turn green
  • #371
  • Oct 12, 2011 5:56am Oct 12, 2011 5:56am
please capito, wherever you are going take me along, i have never never experience this before, its a total eyes opener, though am yet to grap the concept in totality. i have really fumble in this makt , i dont want to think about it, please take me with you cos i really want to learn.
thanks
  • #372
  • Oct 12, 2011 6:04am Oct 12, 2011 6:04am
Quoting leekaq
hey capito.. even in scalping, patient is required.. i see faster return if all 3 TF RSI (H1, H4 and D1) arrows are in same direction and with green values. 4 or 5 trades i just went after only 2 TF RSI values turned into yellow. These trades were either lost or taking too long time to hit TP.

To help me on scalping, i created another DB with only 3 TF RSI indicators..
can u be kind to post your template
  • #373
  • Oct 12, 2011 6:14am Oct 12, 2011 6:14am
Quoting censura
Ok please bare with me ,

on AUDJPY i have a down arrow and and a green tick now does this mean it was at 70 and is now below 30

and MN has is arrow pointing up and a yellow tick so is this saying it was at 30 and above 30 but not above 70 yet ie inbertween 30 -70 when it goes to 70 will it turn green
censura if your indicator shows only thicks then you should remove it and download a new version from this post http://www.forexfactory.com/showthre...02#post5019202 this one will show you RSI values below the arrows

the old tick version is deprecated, it has some repainting problems
“I made most of my money sitting on my hands.”
  • #374
  • Oct 12, 2011 7:24am Oct 12, 2011 7:24am
Quoting radiant army
please capito, wherever you are going take me along, i have never never experience this before, its a total eyes opener, though am yet to grap the concept in totality. i have really fumble in this makt , i dont want to think about it, please take me with you cos i really want to learn.
thanks
me too.... me too.....
  • #375
  • Oct 12, 2011 7:29am Oct 12, 2011 7:29am
Also can anybody tell me on the dashboard showing all (Index DB templete) why for eg the rsi reading and arrows are different for the same pair under different indexes for eg

AUDUSD under AUDLFX shows H1, H4 D1 all with down arrows but

AUDUSD under the USDLFX shows H1 up, H4 up slanted 45, D1 up

makes no sense to me surly they should be the same
  • #376
  • Oct 12, 2011 7:32am Oct 12, 2011 7:32am
seems only to effect the AUD pairs all other are ok ???
  • #377
  • Oct 12, 2011 7:34am Oct 12, 2011 7:34am
please refer to post#362, top of the same page where post this request..

Quoting availdollars
can u be kind to post your template
  • #378
  • Oct 12, 2011 7:45am Oct 12, 2011 7:45am
Quoting censura
seems only to effect the AUD pairs all other are ok ???
You are correct Censura,

If we see the indicator lists on the template, there are only 7 lawgirlmodCICR although we have 8 indexes. There is no lawgirlmodCICR for AUD currency. Maybe because of this.... but I do not know how to solve this....
  • #379
  • Oct 12, 2011 7:57am Oct 12, 2011 7:57am
Bizzar , the template had objects for AUD on it but the copy of the lawgirl(1) mising which had the aud pairs

sorry for the post
  • #380
  • Oct 12, 2011 8:03am Oct 12, 2011 8:03am
i am not good at explaining thing,,but each currency index needs one indi,,,so u have to copy the indi into different names.

Quoting reindeer
You are correct Censura,

If we see the indicator lists on the template, there are only 7 lawgirlmodCICR although we have 8 indexes. There is no lawgirlmodCICR for AUD currency. Maybe because of this.... but I do not know how to solve this....
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