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CCI 50 System

  • #61
  • Nov 13, 2013 3:33pm Nov 13, 2013 3:33pm
Great system when traded properly.
  • #62
  • Nov 15, 2013 8:47pm Nov 15, 2013 8:47pm
Quoting chamane
{quote} There are many ways to trade CCI. Have you tried trailing stops?
trailing stop? are you kidding. The only thing trailing stops do is kill your trades- you don't protect anything for the most part.....anyway....the problem is entry. - its a momemtum indicator. The only thing a zero cross with a momentum indicator shows is that the market moved a certain amount - that's it... it does not explain any type of market structure. as I stated, its good for manual traders
  • #63
  • Nov 15, 2013 10:32pm Nov 15, 2013 10:32pm
More experience you have less indicators on your charts.
Having rainbow of MA's and CCI's is not going to solve incompetence.People are under illusion that indicators can make you a winner.At best you can collect 10-20% out of move.This is because by the time all your Christmas lights points down or up party is most likely over.
Get over it folks or prepare to lose more money.
Ask a logical question if this system or 500 others here made real profits why are people stopped posting and using it.
You want a real trader?look here.
In trading, you have to be defensive and aggressive at the same time
  • #64
  • Nov 22, 2013 9:59pm Nov 22, 2013 9:59pm
Quoting Davit
More experience you have less indicators on your charts. Having rainbow of MA's and CCI's is not going to solve incompetence.People are under illusion that indicators can make you a winner.At best you can collect 10-20% out of move.This is because by the time all your Christmas lights points down or up party is most likely over. Get over it folks or prepare to lose more money. Ask a logical question if this system or 500 others here made real profits why are people stopped posting and using it. You want a real trader?[url=http://www.forexfactory.com/showthread.php?p=7093387#post7093387]look...
So.... no new posts in a systems thread= nobody is trading and nobody is profitable?? Forex Factory logic ladies and gentlemen!!

Too many peoples lives are all about this forum instead of trading, they care about vouches and their pathetic online "reputation".
  • #65
  • Dec 17, 2013 12:54pm Dec 17, 2013 12:54pm
I believe different folks trade their own ways. I've experienced winners and losers with this set up. Of the 3 set ups, I find 1 to be more reliable capitalizing on a small retracement. I lost a trade this am. Before that, I had 5 winners in a row. Get over your fears folks. Build a bridge and get over it. Too many folks concerned about the destination instead of the 'journey'. thx and happy trading
  • #66
  • Dec 23, 2013 8:32pm Dec 23, 2013 8:32pm
Slingshot- The CCI 50 is above its zero line.
The CCI 14 dips below -75 , moves upward and crosses zero and the candle closes above 34 moving average. This works for scalping on the 1 minute candles. You cant make this into an ea but you can trade it and make money. These are my stats for the last 2 months. I dont think this system can be disregarded so quickly by the people that have been on this thread. Just because the creator quit posting. 2 months of live testing doesnt make a system Im just saying that its needs to be tested still.

Just find a trend on the one hour chart or after news and then follow the directions above on the 1 minute chart and great scalping entry tool. Im still playing with when to exit.


All Statistics Based on Hypothetical Results
Trades
45
# Profitable
32 (71.1%)
Avg trade duration
7.8 hours
Cumul. Return
12.5%
Average win
$130
Average loss
$138
Profit factor
2.3:1
  • #67
  • Dec 24, 2013 8:36am Dec 24, 2013 8:36am
Greetings Grey Whale,
I've heard of the slingshot, I didn't know the specifics on how to trade it. I believe I'm doing something similar. I'm doing most of the U.S. MAJORS, 15 minute charts on up, 3% R, 1.5:1, duration generally less than 2 hrs. My 14 simply must close OVER the zero, but preferrably the 100. I tryed this on the 4H chart nearly a year ago and bombed it because I didn't have the right tools. I've recently added the system to my arsenal and enjoyed a 7% profit last week, and that was trading 1% of my account. It's pleasant knowing I'm not the only trader enjoying decent trades.
Happy Trading
Reno
  • #68
  • Dec 24, 2013 11:44am Dec 24, 2013 11:44am
Merry Christmas all and Reno,

I am also glad to hear of someone else making this system work. I bought a simulator from 4xexclusive 2 months ago, not accurate as real time trading. I can trade a very large time frame in a small amount of time. Im going to try trading this system using 15, 30, 1hr, and 4h candles over a 2 year period and see what I learn. I will post what I learn from the backtest simulator here. bought a treadmill with a desk attached to it so I can walk while I trade. Maybe I can lose 20 lbs and have a fully functional profitable system by Valentines day 2014. Happy new year everyone.
  • #69
  • Dec 26, 2013 8:11am Dec 26, 2013 8:11am
Maybe I missed but
you need to write an expert and test your strategy on history
  • #70
  • Jan 24, 2014 7:09pm Jan 24, 2014 7:09pm
Hello, interesting thread, but missing one important part Dr Bob and Woodie is using Range bars, which makes a big difference to what you are doing!
Even though I walk through the darkest valley, I will fear no evil
  • #71
  • Jan 24, 2014 8:32pm Jan 24, 2014 8:32pm
Quoting monocor
Hello, interesting thread, but missing one important part Dr Bob and Woodie is using Range bars, which makes a big difference to what you are doing!
Dr. Bob was not using range bars when he was using this system. Neither was Woodie. Woodie only started using range bars the last couple of years.
  • #72
  • Jan 24, 2014 8:42pm Jan 24, 2014 8:42pm
People can say what they want to about this system. But I have been using this system for 5 positive months in a row. 3 of them documented on collective2 system named cc slingshot. I am not using range bars though. Im definitely going to look into that though. If it is explained on this thread than I missed it. If its not on this thread can someone please send me the link to woodies explanation.
  • #73
  • Jan 24, 2014 8:49pm Jan 24, 2014 8:49pm
Quoting GreyWhale
People can say what they want to about this system. But I have been using this system for 5 positive months in a row. 3 of them documented on collective2 system named cc slingshot. I am not using range bars though. Im definitely going to look into that though. If it is explained on this thread than I missed it. If its not on this thread can someone please send me the link to woodies explanation.
I answered that in the post above yours.
Range bars have nothing to do with this system. Woodie has nothing to do with this system.
The guy who posted that doesn't know what he's talking about.
  • #74
  • Jan 24, 2014 8:55pm Jan 24, 2014 8:55pm
Gotcha.
  • #75
  • Jan 25, 2014 6:28am Jan 25, 2014 6:28am
Quoting billbss
{quote} I answered that in the post above yours. Range bars have nothing to do with this system. Woodie has nothing to do with this system. The guy who posted that doesn't know what he's talking about.
Your system is based on Dr Bob approach, which has the begging from Woodies.
Bill with all do respect, you dropped this thread, and as I can see you don't trade it, so please contribute or walk away as you did before!
Even though I walk through the darkest valley, I will fear no evil
  • #76
  • Jan 25, 2014 6:30am Jan 25, 2014 6:30am
Quoting GreyWhale
People can say what they want to about this system. But I have been using this system for 5 positive months in a row. 3 of them documented on collective2 system named cc slingshot. I am not using range bars though. Im definitely going to look into that though. If it is explained on this thread than I missed it. If its not on this thread can someone please send me the link to woodies explanation.
Can you please share couple of trades and explain what are you doing.
I didn't have any results with CCI50, non of 3 setups worked for me.
May you can help me to understand what I am doing wrong !

Best regards!
Even though I walk through the darkest valley, I will fear no evil
  • #77
  • Edited 7:14am Jan 25, 2014 6:44am | Edited 7:14am
And now about Range Bars chart. You can use it for this system or any other system. I am trading chart patterns with Range Bars!
Any way, I am started with woodies not a long time ago, as I have 1-3 patterns a day, most of day I am bored. And I was looking for the system which would work with Range bars.
I am taking only trend following set ups TT and ZLR set ups. Which is 2 and 3 setups from this thread, Zero line break doesn't work

I know that this thread is based on CCI 50, which doesn't work for me, I am using CCI 14 and 6 or CCI 34 and 14.

Here is 3 chart examples : 1 Range bars CCI 14 and 6; 2 Range bars CCI 34 and 14; ( as you can see 1 and 2 pretty much the same outcome); 3 Regular M5 chart
See the difference!

P.s. fist chart +25 pips

Sorry Guys ! Mr. Bill just placed me in to ignore list for this thread, his Ego is to big to let people make this system work! I will make trading journal!

Who is interesting to make this system work PM me! I opened a journal, lets make it work!
http://www.forexfactory.com/showthre...70#post7237470

I am adding one more chart with CCI 50 setup 3, it is EU, the outcome is loss for the same day, what I am doing wrong ?
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Even though I walk through the darkest valley, I will fear no evil
  • #78
  • Jan 25, 2014 7:08am Jan 25, 2014 7:08am
Quoting monocor
{quote} Your system is based on Dr Bob approach, which has the begging from Woodies. Bill with all do respect, you dropped this thread, and as I can see you don't trade it, so please contribute or walk away as you did before!
I did contribute. I corrected false information you were putting out.
Dr. Bob did not use range bars. You said he did. That is not true.
  • #79
  • Sep 21, 2020 11:31am Sep 21, 2020 11:31am
EJ
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  • #80
  • Sep 21, 2020 11:40am Sep 21, 2020 11:40am
Good read to understand the system
Attached File(s)
File Type: pdf 50CCIdrbobSystem050613.pdf   285 KB | 1,109 downloads
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