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  • #321
  • Jun 10, 2014 8:51am Jun 10, 2014 8:51am
Quoting nogames2014
Hi Clive, Thanks for the update on your CM. Problem its on my chart but i cant get to edit it..Can you please share it. Vantage it will be a pleasure if you share yours as well. Sorry if i bother you guys....
posted the CM link a day or two ago.
Attached File(s)
File Type: mq4 xMeter-Indicator3 strong weak.mq4   12 KB | 937 downloads
  • #322
  • Jun 10, 2014 9:00am Jun 10, 2014 9:00am
Quoting nogames2014
Hi guys, Thanks for keeping this alive. Was confused about the top trending pairs as my timing was late. Vantage thanks i guess the CM will make me get in faster..ie the first retraces on the start of the trend. Clive thanks as well.....am following closely and am sure with Vantage rules....the charts are getting more clearer...Thanks guys
Sometimes CM will help sometimes it won't. There has been a price jump in last 20 mins on some pairs that hasn't flipped the CM. All you can do is try and decide if its a trade i.e. have a plan that gives you a repeatable entry or accept it as a price move that happens and have no worries if its a miss. Everything you do should revolve around developing a repeatable method as theres more than enough of those going around.
  • #323
  • Jun 10, 2014 9:26am Jun 10, 2014 9:26am
Thanks Vantage...
  • #324
  • Jun 10, 2014 9:37am Jun 10, 2014 9:37am
Vantage i dont know why this doesnt work on my charts....it is inactive. Think Clive's may work
  • #325
  • Jun 10, 2014 10:01am Jun 10, 2014 10:01am
Quoting nogames2014
Vantage i dont know why this doesnt work on my charts....it is inactive. Think Clive's may work
Yea same here Mr V. but not too worry I am happy with my one especially now I've set it to a 100ma.

Hi nogames

You can adjust the MA my CSW works on by the normal procedure of "charts" - "indicator list" - highlight the indi you want to adjust - "Edit" - adjust the "oneminma" setting to whatever you want, I suggest 100 in line with my top trender settings.

Hope that helps.
Feel the Fear and do it anyway!!!
  • #326
  • Jun 10, 2014 10:11pm Jun 10, 2014 10:11pm
Quoting clivepackham
{quote} Hi Danc You are quite right about the overbought levels definately worth looking at as turning points for trades. I use the 210 overbought to turn down then look to sell the 14 cci on the timeframe I am trading. I use the 14 to 210 ratio because I like the 14 CCI on my base timeframe so trade it on the 1 min but so I can see the 14cci of the 15 min I put a 14x15=210 CCI on my 1 min chart so I can clearly see whats happening on 15 min chart whilst trading 1 min. Basically I am trading my 1 min chart in direction of the 15 min momentum, simple...
Thanks Clive GOOD stuff
  • #327
  • Jun 10, 2014 10:16pm Jun 10, 2014 10:16pm
Quoting Vantage
{quote} Cheers danc Most things should work from one TF to another, OK there might need to be some tweaking needed here and there. I am back to looking at shorter TF's again as whilst I still have office duties it looks like from end July they will be reduced significantly. I wanted something where I can use the experience gained to exploit LO and US open short term trend using small stops to increase returns. To be honest am very pleased where this experiment is going. As you may know I am not the kind of person that sees something and 38 seconds...
Thanks V.. GOOD to see you get back into the shorter term stuff.. look forward to your very learnard insights /comments on them
  • #328
  • Jun 10, 2014 11:49pm Jun 10, 2014 11:49pm
Thanks Clive...much better!
  • #329
  • Jun 11, 2014 1:01am Jun 11, 2014 1:01am
1hr shows we are below all ma's so we are below both the D and 4hr 8lwma's and view would be down. The red lines on the 1hr show weak CT positive close CT candles in and around LO. The arrows down show the 1hr closes that revert to trend.

On the 1 min the red lines show the close of the 1hr candles.

The arrows down on 1 min for 6 June London open show the trades only 1 might have been stopped out with a 10 pip stop depending on the spread (should have been OK though).

1 min chart for the US session of 6 June. The red horizontal line 1.4577 shows where the lower high was broken on the mornings move down. The red arrows up show where the trades (and ma bounces) were. That is +100 hit on cci 210 and retraces to -100 on 14 cci. Only 1 losing trade in that afternoon.

On 9 June 1 min. The x shows the losing trade after the positive close green candle which turned out to be one of those weak LO counter trend candles we have recently discussed. The arrows down show successful trades (cci 210 hits -100, cci 14 reverts back to +100 for set up, red ha close and price goes below the set up candle to confirm).

9 June US session not as good some winners and losers but overall looking good.

10 June London session 1 min, not being above the mas would have kept us out of the buys, again see the CT fake out LO positive close. Only winners once price reverted to sells.

10 June US session. 1 winner 2 losers.

Overall looking pretty good Clive.
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  • #330
  • Jun 11, 2014 3:34am Jun 11, 2014 3:34am
With the 600+ mt4 builds to load the CM indi, with your platform open go to file, open data folder, MQL4, indicators. Load the indi, close platform and re-open. That's my tech abilities pushed to the limit.
  • #331
  • Jun 11, 2014 5:47am Jun 11, 2014 5:47am
Hi Clive



D suggests down, 1hr has pretty much the perfect entry back into trend. 1 min on this system 14 cci doesn't revert back to +100 to generate a reversal signal. CM had eur weak, jpy one of the strongest so move down in line with bigger pic not unexpected.


I have had some ideas but not back checked yet. These trades will happen where you don't get the 14 cci retrace. Any views?
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  • #332
  • Jun 11, 2014 6:42am Jun 11, 2014 6:42am
Quoting Vantage
Hi Clive D suggests down, 1hr has pretty much the perfect entry back into trend. 1 min on this system 14 cci doesn't revert back to +100 to generate a reversal signal. CM had eur weak, jpy one of the strongest so move down in line with bigger pic not unexpected. I have had some ideas but not back checked yet. These trades will happen where you don't get the 14 cci retrace. Any views? {image} {image} {image}
Hi Clive

I'll be looking to see if the 200 point gap, the equivalent of -100 to +100, is maintained. In this case cci 14 retraced from -266 to -46 ish.
  • #333
  • Jun 11, 2014 6:53am Jun 11, 2014 6:53am
Quoting Vantage
1hr shows we are below all ma's so we are below both the D and 4hr 8lwma's and view would be down. The red lines on the 1hr show weak CT positive close CT candles in and around LO. The arrows down show the 1hr closes that revert to trend. On the 1 min the red lines show the close of the 1hr candles. The arrows down on 1 min for 6 June London open show the trades only 1 might have been stopped out with a 10 pip stop depending on the spread (should have been OK though). 1 min chart for the US session of 6 June. The red horizontal line 1.4577 shows...
MMMM....... GOOD stuff V .. very clear THKS.. will study a few times OR more.. mster class
  • #334
  • Edited 9:03am Jun 11, 2014 8:07am | Edited 9:03am
Quoting Vantage
Hi Clive D suggests down, 1hr has pretty much the perfect entry back into trend. 1 min on this system 14 cci doesn't revert back to +100 to generate a reversal signal. CM had eur weak, jpy one of the strongest so move down in line with bigger pic not unexpected. I have had some ideas but not back checked yet. These trades will happen where you don't get the 14 cci retrace. Any views? {image} {image} {image}
Afternoon Mr V.

Hmmmm, good question sir and yes I have got a suggestion to make but I wouldn't look at changing our signals around that one off move this morning, but I also don't want to miss out on trading such moves they are a gift from heaven aren't they??

Also I'm thinking thats a very unusual move for forex (post news excluded of course) forex generally speaking doesn't move in straight lines like that very often does it??? Now do we want to make trading plans and signals based on a rare move or do we want to make trading plans based on how it moves the majority of the time??

I think you know the answer to that without me spelling it out but there might be a few newbies here so for their sake this is what I recommend we do.

Base our trading plan around the typical price movements that we can expect the vast majority of the time, eg waves, using our CCI signals etc, as we are doing. However can we take advantage of such incredible moves as that EURJPY move this morning??

Well the answer is, yes we can, you see we get moves like that on the 1 min after a high differential news release, I believe that's what caused that vertical drop this morning, but why EURJPY on a GBP news release not so sure???

So here's what I suggest we have a post news release strategy that will capture such moves post news but the vast majority of the time we carry on with what we've got, our standard trading plan and don't custom fit our signals to specific events.

How do I suggest trading the news??

Well first off wait to see what the release was then if its a high differential news release, after say 15 mins, see who is strongest/weakest on our indy (could even adjust its sensitivity just before news event use a shorter MA??) then look to join the strongest trender very simply by watching for HA candle colour changes in the direction of the trend. Forget about CCI in these moves. Trail down LH's until stopped out.

Thank you very much post news release strategy now back to normal.

By the way on big news release like NFP could get some early entries and hold on longer timeframe as sometimes a big differential on NFP sets up the USD trends for the whole month.

Well thats my suggestion , what do you think???
Feel the Fear and do it anyway!!!
  • #335
  • Edited 8:53am Jun 11, 2014 8:25am | Edited 8:53am
By the way this is the way we should trade all News Releases in my humble opinion as it avoids slippage and also it avoids just blindly following the news dependent on the release. How many times have you watched a positive news release only to sit there amazed as price zooms the wrong way???

Let me tell you why that happens. That's caused by News releases that cause a spike against the Daily trend and perceived by Fred and Gladys as a discount opportunity to join the daily trend at a good price so they promptly drive the price the other way and of course there's millions of us retailer "numbnuts" busy trading in the direction of the news release only too happy to give them the liquidity they need to join the daily trend.

Well I say enoughs enough!!! Never again shall we fall foul of their dirty tricks. No, no more, from now on we're wait for them to make their move first, lets see who the strongest/weakest is and then jump on Fred and Gladys backs and hitch a ride.

Hang on tight though it could get choppy!!!
Feel the Fear and do it anyway!!!
  • #336
  • Jun 11, 2014 8:52am Jun 11, 2014 8:52am
Quoting clivepackham
Hmmmm, good question sir and yes I have got a suggestion to make but I wouldn't look at changing our signals around that one off move this morning, but I also don't want to miss out on trading such moves they are a gift from heaven aren't they??
However can we take advantage of such incredible moves as that EURJPY move this morning?? Well the answer is yes we can, you see we get moves like that on the 1 min after a high differential news release, I believe that's what caused that vertical drop this morning, but why EURJPY on a GBP news release...
Obviously I agree that we have to be rules based, also no single method can be everything all the time and its the recurring trades day in day out that make the method.

There will be times when a perfect D and 1hr set up for whatever reason cannot give an entry on 1 min. I suppose then if you have the results to back up a decision to trade in such circumstances and you are going to push the rules a little I'd rather be doing it trend than CT. Or just trade the set up according to other methods that you have.

On the post news issue, I would be looking for fairly normal waves as discussed after the news is released and settled down, that is not when there are spikey candles all over. If there is no retrace according to our rules then perhaps a break of B point in continuation of trend. Such trades should be the exception. I was asking this morning about ej but there were 100% system trades elsewhere and I suppose ultimately that's the answer, take the system trades first. Theres more than enough to go around.

There are some pairs gu on gbp news releases London morning session, aud news during Asian session that often react in one direction but many US news releases jump all over. I'd be leaving the NFP's generally.

I suppose my ej post was letting my (not so) youthful exuberance get the better of me.
  • #337
  • Jun 11, 2014 8:55am Jun 11, 2014 8:55am
Quoting Vantage
{quote} Hi Clive I'll be looking to see if the 200 point gap, the equivalent of -100 to +100, is maintained. In this case cci 14 retraced from -266 to -46 ish.
Man Vantage does the Mrs know you have taken on a new hobby and a new forum ?

You are doing some great work here. As you may know but most others wouldn't I too am a bit of an old dog in this business who has been around the block a few times. I had the normal journey of busted accounts treating this as a game rather than a business. I personally started to find success after finding a VSA thread here at FF (don't want to get into the old arguement about there being no volume in FX) because I learned to read a naked chart using nothing but PA and the bursts of increased activity. From there I began to develop my own way to trade using volume and PA and evenatually branched off into studying supply and demand trading. All of this has lead me to be very successful with my hand built method and trading plan even though I work fulltime and trade part time.

I am normally a indicator free kind of guy (other than volume) as that's just how I trade my plan but I am also a huge believer in that any system with any indicators can be successful if planned and traded properly. There can be no maybes or if or I thinks. It must be concrete, it must meet our rules and if we lose we move onto the next trade that once again meets all of our rules as we have set in our plan.

So how did I end up here in Clive's forum? Basically every morning I log in and the first thing I do is check out all of Islander's posts (right after yours of course Vantage ). That guy is a genius in my books and what he does off the 1 minute charts is great. Well he spent time in a thread about Multi TF Stochs where he used them with a TVI using the stoch and TVI divergance and zero crossing combined with his great chart reading skills and some S&D to pick out great trades that quickly move into profit and he is out. Well long story short but the thread went in a few directions with others coming and going trading their own versions of the Multi TF stochs and eventually for many the stochs dissapeard off the charts... That was where I first saw Clive and his multi CCI's.

First thought was your not trading stochs per the name of the thread, what are you people doing? Then I started to read Clive's posts but moreso started to disect his charts and started to see things... creepy things. For the past weeks I have been silently lurking and silently testing various things related to the method presented here and have been developping a method with a few different entry types and a few options for taking profit and trailing for larger gains.

I am quite excited with what my backtests (and live forward paper tests) have shown and I am quite close to taking my tests live with a small test account. Haven't decided whether I will share here or not as what I am looking at differs somewhat from the direction that Vantage and Clive are going right now and I don't want to be that guy so...

If anyone is interested and Clive and Vantage are open I may offer up some of my views on what I see as safe entry types and what I am using for trailing the trades that seems to keep us in for longer multi day moves off a 1min entry. This week for example on EURAUD a trade I got in (well on paper) on Monday off a small 7.5 pip SL has been trailed all the way down through the retrace waves where the big boys were just collecting more shorts and not switching to longs for a great R:R. Using the MTF CCI's there are a few great options for ways to enter into safe trades with the trend. I have spent some time looking into ways to tell when trend changes are coming and I do see that the CCI's do offer some nice divergence warnings (especially when the 14 and 210 for example are not moving together). This is also a nice tool for trailing stops etc... There is enough trades each week across the nice moving pairs to make nice pips with the trend so trying to get in early CT on the hopes the tides are changing has been put on the side burner for now.

Anyway I have a lot on the go but am very excited with the possibilities.

Great entry on EJ after LO today may throw up a chart tonight when I get home from work.

Wanted to more say hi than anything as I hate lurkers ...

Keep up the great work and you may see a bit more from me in the future if time and the thread owner allows.
Today's zone = Tomorrow's opportunity!
  • #338
  • Jun 11, 2014 9:10am Jun 11, 2014 9:10am
Quoting pres78
{quote}
Man Vantage does the Mrs know you have taken on a new hobby and a new forum ? forum?
Basically every morning I log in and the first thing I do is check out all of Islander's posts (right after yours of course Vantage ). That guy is a genius in my books and what he does off the 1 minute charts is great.
Then I started to read Clive's posts but moreso started to disect his charts and started to see things... creepy things. For the past weeks I have been silently lurking and silently testing various things related to the method...
Mrs V knows what I'm doing but if I dare raise the idea in a discussion she's fingers in ears and humming away to herself, yes you guessed it she doesn't want to know.

Islander enough said. He is doing some very interesting stuff with USDTRY even with its massive spreads.

I won't speak for Clive but I'm all ears to hear what you're up to.
  • #339
  • Jun 11, 2014 9:48am Jun 11, 2014 9:48am
Quoting pres78
{quote} . Great entry on EJ after LO today may throw up a chart tonight when I get home from work. Wanted to more say hi than anything as I hate lurkers ... Keep up the great work and you may see a bit more from me in the future if time and the thread owner allows.
Hi pres78 and welcome to my world,

Wow what an honour to have you along for the ride Sir.

With you and Mr V, its starting to get interesting. All we need now is the one minute magician islander and we will have a Master Mind group the likes of which will set the Bankers trembling and shaking with fear, all the way to the back of their nasty little vaults cuddling their money.

Please feel absolutely free to post whatever you like sir as I know it will be invaluable and of great help to us all. I'd be an absolute fool to say anything else wouldn't I???

This is so exciting can't tell you how much I love Forex trading and this thread. Can't wait to hear what you have to say.

Welcome aboard.
Feel the Fear and do it anyway!!!
  • #340
  • Edited 11:05am Jun 11, 2014 10:40am | Edited 11:05am
Quoting clivepackham
{quote} Hi pres78 and welcome to my world, Wow what an honour to have you along for the ride Sir. With you and Mr V, its starting to get interesting. All we need now is the one minute magician islander and we will have a Master Mind group the likes of which will set the Bankers trembling and shaking with fear, all the way to the back of their nasty little vaults cuddling their money. Please feel absolutely free to post whatever you like sir as I know it will be invaluable and of great help to us all. I'd be an absolute fool to...
Well Clive I really appreciate the warm welcome.

Well you already have Vantage so you don't need me to complete the Master Mind group but I do have a few tricks up my sleeve with respect to what you guys are doing on this thread that may help move things even further forward. I don't want to give away too much too soon until I am 100% happy that what I am saying is as good as I think it is now. That is why to this point I have remained silent.

I am a student at heart and I feel the need to understand how and why certain things work and others don't when it comes to trading. I like to know why price turned or stopped when it did and what the big money was doing at the time. I feel that my background has helped me to see a few things within this method that can really work and a few tweaks that could be made to make it even better.

Over the coming weeks and even months (if required) I will share what I am up to and you all can take and leave from that what you want. Not here to pressure anyone to do it my way just offer a few different insights. Not sure how quick this will all come together with my "real" job but at night as long as the tests continue to move forward successfully I will start to open the vaults. We can't rush this process as we need to be sure. We need to trust what we are doing 100% because we are putting our real hard earned money on the line to run a business plan based around this CCI method.

It should be fun. If you can't have fun at work, making money... find a new job!

Thanks again for the warm welcome.
Today's zone = Tomorrow's opportunity!
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