Trading is as simple as ABCD

How to define strong trending? >30? But then we could not take the first two CCi signals.

Hi first of all thank you for sharing your strategy
I've compared my charts with yours and I've seen that my cci indicator and my ma in color are different from yours..can you please show me right settings. I've been searching through all the thread but I couldn't find it.
Thank you

One approach would be to consider the first 2 CCi signals once it starts trending > 30 (or whatever value).
Prior to the trend establishing, a ranging CCi would probably kill the system. Slight uptrend and downtrends with an oscillating CCi but no real price movement.

Just changed that to an 8 CCI and it gets in quicker and better so would need a variable input to change CCI setting for back testing for best results etc...

But heres the chart with an 8 CCI signals....



Honestknave I will attach my ea but maybe we should look at starting something afresh that does the job exactly as per my current strategy. Its job would be quite simple...

On change of 100lwma slope direction (colour change) it tries to establish 2 entries at BE by taking every CCI signal in direction of trend. Has a trailing entry which follows the pullback until hit by placing pending order 2 pips below signal candle. Moves to BE quickly say 3 or 5 pips (make adjustable) checks to see how many trades are at BE and once it has 2 established takes no more, however continues to check for established trades and adds another if one gets knocked off. Continues to do this until slope on 100lwma changes again... Basically all the time price continues to move our way it tries to put trades on... Has a max setting so can adjust to suit.



My be advisable to run it on strategy tester find a good run on a pair and drop it on then watch it work and you're see exactly what it does very clearly, just follows my strategy automatically without human input. I used it when I got those 678 pips out of one GBPJPY move plus if you run it on some moves with say 10 max trades set its awesome!!!! Thousands of pips from fairly small moves...

have a look at the one attached it use to work fine but not sure how its BE routine works...
It has several different inputs and choices of exits too around the 100lwma slope changes basically it will enter as above and either bank on next slope change or will hold if you're looking to build positions. It will also bank and continue looking for next turn. I quite liked bank and stop where it just establishs the number of trades you want then banks all trades on next slope change against the trend. It then won't do any more trading until you restart it. If bank and stop and bank and continue are set to false it just tries to establish 2 trades every time the LWMA turns back with the trend so building positions in direction of trend and holding.

It can work on any timeframe, I found for equity millipede traders it worked best on 5 min charts as 1 min is too choppy for building positions..

its a very clever piece of work thanks to my friend Ted, but he's not so keen on messing about with my ideas so much nowadays... He gets fed up with me constantly asking him to make changes so beware I might become your worst nightmare...

Play around with it on strategy tester on good runs its quite awesome and on bad runs that don't work out it loses very small compared to winners..


Give me a shout on skype and we can chat it over in more detail what its doing and how it works..

Yes you could do that if you like but the problem with that if you're trying to build is that they will all get knocked off in next next higher timeframe pullback.

The only way I've found is to get the first 2 entries after the turn in the direction of the trend , that way they don't get knocked off in a typical 70% pullback so they survive the pullbacks any entries after that stand an enormous chance of getting knocked off at BE.

We once had one that would place every trade taking every signal then on a slope change, it would bank all entries apart from the first 2 that way it would bank the trades that would normally get knocked off on the pullback and leave the earlier ones to build with the trend if it continues...

I'll upload it if you want but probably best to stick with one and we can modify it to siut later on if you can get hem working. Probably best to have one good one that works then modify it trade according to market conditions.

Just for a laugh I ran it on 5 min chart selling EURUSD since october last year starting with 1 lot trade size and heres the results...

made $40,012.12 with a drawdown of $689.07..



It basically makes you money if you get the direction right but won't lose as much if you get it wrong, the secret of a successful trader of course...

I have these settings. Thank you to everyone will Help me

Pm'd

If we're gonna work on the theory that EURUSD is going down then you've got to sell these high CCI signals , even if its a news spike .... Thats what the big boys will be doing, they're see this as a selling opportunity in the longer term down trend......

Got two chances now I'm at BE...

First one knocked off at BE so had to replace with another one, thats half the battle sticking to your guns when it keeps knocking you off at BE....But thats all part of the longer term strategy just get one or two to stick and you're laughing if the daily trend is to follow through...



Its all about beliefs and discipline , thats all there is to it, oh, and trading with the trend of course, no matter what timeframe you're trading...

Added on 2nd CCI signal as per plan and at BE so done my bit now its all down to the market as to what happens from here , i can't do any more.....



Lets hope the daily trend takes over from here ...

So far so good got two trades to stick at the moment but its painfully slow isn't it??? Not a lot of money behind this move down yet...

In case anyones wandering what the hell I'm doing selling above my beloved 100lwma well this is part of my longer term strategy to sell the Strongest/weakest daily pair EURUSD so I'm just trying to start selling EURUSD at every highest piont I can and this news spike presented a selling opportunity at the high of the day so far...

This is not part of my normal short term strategy to buy/sell strongest 1 minute trenders so don't get confused or accuse me of breaking my "rules" this is my version of longer term trading...

Took off my second entry at BE yet again but I stuck another one back on.... Look at that pullback, almost a 100% thats why is so hard to get anything to stick nowadays especially on EURUSD but I think I've cracked it this time...

Too much like hard work for my liking, but hopefully my EA is working now as my friend, HonestKnave, has just revamped it for me so it will do all the hard work next time for me....

DEAR GODSCLOWN
You ask us for some feedback for your new TTindy.
After 2 days of using it, this are my observations.
It is working how you said it will, BUT......
-it gives signal (red or green) starting at 5-8 slope, not 30.
- it does not open new chart,even with open new chart=true.
However, if you set ChangeChartSymbol=true ,it opens new chart
but automaticly delete a chart from the screen(even if you are on atrade)
- it does not have settings that we can change for allarm,or slope for the time frame.
I hope that you find time to look inside
One more thing.
I wonder if you can change the TTindy to show all 28 pairs (with a line to separate the first 8)
Thank you very much for your time
Dan

And there you have it, how to enter in a strong daily trender using 1min charts risking of 10 pip stops plus I didn't lose one entry trying....

Now my shorter term scalping head is screaming at me to bank my profit but I'm gonna sit through this and see where it leads to..might very well come flying back up and knock me off at BE but then we have to do it all over again until something sticks....



Will keep you updated on how it all pans out....

I watched in disbelief as that Eur/Usd climbed right back up to the new's spike. Who would have imagined?
I've been having some luck getting into these top trenders from TTindi and then just having a trailing stop that breaks even and creeps forward just 3 pips back from price. Sometimes I get 1 pip, sometimes 3, sometimes 7 or 8, occasionally over 10. However, it sure does feel good to not be loosing pips. I'm almost content to just keep re-entering at the next even level after each stop out in profit. Seems like when I hold out or move my SL back to give it room, then I often loose many more pips than I wanted to!

Gbp/Usd is TTindi going up, just had a good cci pullback signal . . .

Got in at 1.4825 and trailing stop took me out at 1.48314. And i'm back in again and past BE at 1.4830. Its a bit more work but it is collecting pips.