{quote} I already tried it on 2 different versions of Metatrader 4. I attach the template and even tried to put in the grid indicator manually without success. This is what it looks like: {image}
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Have you attached the template I posted in post #8 ?
I would like to add ash indi to a 1M chart , what should have set sethings for them , can someone help? on udine )) level , M30 have 5,l4,3,0,1 but for M1 .............?????
I would like to add ash indi to a 1M chart , what should have set sethings for them , can someone help? on udine )) level , M30 have 5,l4,3,0,1 but for M1 .............?????
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Its unuseless on m1, with default setting shows the same signal of 2 pto
Hello roney, I was wondering if you or anyone can make EA for this strategy. It seems like you have to be on front of the computer all day to catch 5 to 10 pips per trade.
{quote} {image} cci is used in a trend to see pullbacks clearly as per "Trading Simple As ABCD" thread by Clive. It will mimic the absolute strength histogram (ASH) but gives a more clear picture as you can see strength measured against the 100 levels. so in a down trend if cci goes over bought beyond 100 level, usually the trend will be pulling back close to the 100lwma, then the trend is about to push back down with momentum many times. a lot of clear examples can be seen in clive's thread. i inserted your candles in this example and it was just...
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Just a bit more on the CCI histogram, the CCI 14 on a 1min chart will show the same direction as the ASH2 colors (0,5,4,3,1) on the 1min chart. What's that mean? The CCI set at 210 on the 1min chart should show the same color as the ASH2 (0,5,4,3,1) for a 15min chart and likewise the CCI set at 420 should show on the 1min chart the same color the ASH2 (0,5, 4,3, 1) is showing on the 30min chart. But, you get the advantage of seeing strength measured against the 100 levels. AND seeing it play out on the 1min time frame.
(Someone had asked about "how to see the ASH2 on the 1min chart". And, you probably want a higher time frame signal. So there u go. CCI 70 on the 1min chart should be showing same direction as ASH2 color for 5min chart. Etc etc 14x "value of higher time frame), but kept on 1min chart. 70=5min, 210=15min, 420=30min)
