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CCI Daily Non-Lagging System

  • #461
  • May 24, 2015 11:09pm May 24, 2015 11:09pm
Quoting Erebus
{quote} Why is it people never post a picture of special indicators when they share them?
Following image shows the arrows created by The G(roovy) Spot Indicator.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 28 KB
  • #462
  • May 24, 2015 11:22pm May 24, 2015 11:22pm
Hi,

I dont have any intention to hijack this great thread but I would like to show my chart which is very much in line with what big brother tcmm says albeit with some little alterations.The idea here is to just add less analysis other than what the indicators say.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot from 2015-05-25 11:41:06.png Size: 24 KB



The red and green at the bottom chart is H4 MTF CCI. One can use this to find the turning points of the Daily candles. The candles are again CCI candles of the current time frame (15 minutes). In order to take the turning points one have to wait for the green color change and the price has to be above the daily open line (if BUY). Now for subsequent entries look for end of Red candles and good entries are below daily open line. we are basically looking for lower prices of over sold areas in the current time frame. Also if the price is below Daily Open Line all are looking for Selling but You and our CCI will take you for subsequent Buying and soon you will see price move fiercely breaking above the Daily Open Line. This pattern is repeated over and over again because Robber Banks always try to bring prices lower and trap all retails traders who Sold.

Hope I am making some sense here and Brother tcmm does not have any objection of me posting this. Wish you all good luck.
  • #463
  • May 25, 2015 12:12am May 25, 2015 12:12am
Quoting tcmm
{quote} What I am showing is I don't trade like this. 1 Hour charts, and different currencies, you can if you like. I Trade EUR/JPY Daily Chart even if I have wait Days for the signal crosses. Simple, once a day, with new candle open, when you have trend pickup Pips are huge. If you like 1 or 4 hour Signals and different currencies, Trade them. I am staying EUR/JPY Daily Like I have been before this Thread. From now on I will only show this in the thread here to. I traded other currencies and 1 and 4 hour charts, to show who wants to do it. Me I...
hello tcmm of eur / jpy daily, when I go to market, suffered the first candle green / red or the second green candle / red?
  • #464
  • May 25, 2015 1:23am May 25, 2015 1:23am
Quoting poweromania
What to do in this situation? CCI crossed below -100 but CCI Candles are white {image}
Change time Frame and then back again
My Email For Help: [email protected]
  • #465
  • May 25, 2015 1:27am May 25, 2015 1:27am
Quoting mickael58
{quote} hello tcmm of eur / jpy daily, when I go to market, suffered the first candle green / red or the second green candle / red?
What do you mean?
My Email For Help: [email protected]
  • #466
  • May 25, 2015 2:31am May 25, 2015 2:31am
Quoting pannet1
Hi, I dont have any intention to hijack this great thread but I would like to show my chart which is very much in line with what big brother tcmm says albeit with some little alterations.The idea here is to just add less analysis other than what the indicators say. {image} The red and green at the bottom chart is H4 MTF CCI. One can use this to find the turning points of the Daily candles. The candles are again CCI candles of the current time frame (15 minutes). In order to take the turning points one have to wait for the green color change and...
Hi Pannet1,
I have been searching the internet for your MTF CCI indicator, but no luck....Would you mind posting it please.
Cheers,
Ronald
Ronnie Renko
  • #467
  • May 25, 2015 2:58am May 25, 2015 2:58am
Quoting tcmm
{quote} What do you mean?
It opens the trade immediately at 'crossroads or the candle confirmation
  • #468
  • May 25, 2015 4:28am May 25, 2015 4:28am
Hello tcmm!
Just to understand your system correct, there was a CCI short signal in the EURUSD D1 at something like 12 hours ago.The H4 CCi was already under -100
but H1 still above.Later today the H1 went also under the -100 line but just a short time. So as all 3 CCIs were under the -100 the signal was triggered? Even the H4 CCI was at this time on the way back up?

Thanks for sharing.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 34 KB
  • #469
  • May 25, 2015 4:33am May 25, 2015 4:33am
Hi tcmm,

Just noticed you closed the USDCHF trade. Was the close because H1 and H4 were no longer green? Or was it that there was no breakout of the Demark trendline? Also, can you explain how you use radar signal indicator?
Thanks
Jim
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHFDaily5_25.png Size: 46 KB
  • #470
  • May 25, 2015 4:57am May 25, 2015 4:57am
Quoting Ced74
{quote} Hi Pannet1, I have been searching the internet for your MTF CCI indicator, but no luck....Would you mind posting it please. Cheers, Ronald
Hi Ronald!
Here is the MTF_CCI indicator.
But i personaly prefer FerruFXs CCI Indi.
Attached File(s)
File Type: ex4 FFx_CCI.ex4   20 KB | 969 downloads
Attached File(s)
File Type: ex4 FFx_CCI.ex4   20 KB | 969 downloads
Attached File(s)
File Type: ex4 MTF_CCI.ex4   3 KB | 758 downloads
  • #471
  • May 25, 2015 6:14am May 25, 2015 6:14am
Quoting Ced74
{quote} Hi Pannet1, I have been searching the internet for your MTF CCI indicator, but no luck....Would you mind posting it please. Cheers, Ronald
This one is great because it does not keep me wondering whether I have to take it after it touched 100 or after it crossed 100 or after it touched crossed and turned back. Good luck.
Attached File(s)
File Type: ex4 scMTF CCI.ex4   8 KB | 1,030 downloads
  • #472
  • May 25, 2015 6:24am May 25, 2015 6:24am
Quoting pannet1
{quote} This one is great because it does not keep me wondering whether I have to take it after it touched 100 or after it crossed 100 or after it touched crossed and turned back. Good luck. {file}
Thanks mate...Will check it out now.
Regards,
Ronald
Ronnie Renko
  • #473
  • May 25, 2015 6:30am May 25, 2015 6:30am
Quoting gandhi0815
{quote} Hi Ronald! Here is the MTF_CCI indicator. But i personaly prefer FerruFXs CCI Indi. {file}{file} {file}
Thanks gandhi0815.
Cheers,
Ronald
Ronnie Renko
  • #474
  • May 25, 2015 6:56am May 25, 2015 6:56am
Hi,

See ma, two trades today on a Ranging GBPUSD day. While 2nd one is still open and in profit. Third one is triggered, due to Price below Daily Open Line.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot from 2015-05-25 19:22:47.png Size: 14 KB
  • #475
  • May 25, 2015 10:08am May 25, 2015 10:08am
Quoting pannet1
Hi, I dont have any intention to hijack this great thread but I would like to show my chart which is very much in line with what big brother tcmm says albeit with some little alterations.The idea here is to just add less analysis other than what the indicators say. {image} The red and green at the bottom chart is H4 MTF CCI. One can use this to find the turning points of the Daily candles. The candles are again CCI candles of the current time frame (15 minutes). In order to take the turning points one have to wait for the green color change and...
Pannet,

Thanks for sharing. Looks very interesting. How long have you been trading this and with what success? Can you share your template? Thank you!

Sir Wolf
Believe and Achieve!
  • #476
  • May 25, 2015 12:27pm May 25, 2015 12:27pm
Hi sirwolf,

Quoting sirwolf
{quote} Pannet, Thanks for sharing. Looks very interesting. How long have you been trading this and with what success?
Not for long. Just started recently. My equity is finally making a (big) U turn, which is primarily due to Money Management, so the trading system does not matter.


Quoting sirwolf
{quote} Can you share your template? Thank you! Sir Wolf
Sorry template will not work for you because I am using sub folders for storing CCI indicators. But these are very simple ones and nothing complicated. May be some may not have the Daily Open Line.
Attached File(s)
File Type: mq4 Daily open line.mq4   2 KB | 614 downloads
  • #477
  • May 25, 2015 12:59pm May 25, 2015 12:59pm
Quoting tcmm
Hi Everyone I have been in the EUR/JPY from May 22 To sell. It has reached about 71 Pips over the -100, now because the value is now -125 and I am about 40 pips in profit. I put a stop loss at break even because, of the little pips in profit. If I was lets say 100 pips in profit I would not put a stop loss because of the Divergence it always does I would wait till it crosses back above the -100 value and still be in profit without a SL. I have taken out Profits along the way. I had started at $20 a pip and removed $15 a pip out, now I am left with...
Tcmm.
Yes I agree with all you said about Tallinex. Good brokers. Thats the brokers I use uptil now. But I disagree with you on one issue and that is in news trading. You see I got this great straddle EA for news trading which I went to a great cost to procedure. Because of what I have heard about Tallinex concerning News trading I called them and they reassured me. I opened an account with them. In demo I instantly became a millionaire, But when I went live, they allowed a few trades which made great profits and tripled my account. They decided to set a software against me and made sure they ruined the account. If brokers were to allow me to use this simple straddle EA with my special settings, my story would have been very very different.
  • #478
  • May 25, 2015 1:06pm May 25, 2015 1:06pm
Quoting Sorento
{quote} Tcmm. Yes I agree with all you said about Tallinex. Good brokers. Thats the brokers I use uptil now. But I disagree with you on one issue and that is in news trading. You see I got this great straddle EA for news trading which I went to a great cost to procedure. Because of what I have heard about Tallinex concerning News trading I called them and they reassured me. I opened an account with them. In demo I instantly became a millionaire, But when I went live, they allowed a few trades which made great profits and tripled my account. They...
OK, I just Mention News Trading I do Not Advise You To Trade News I did It for I while, its very hard thing to do.
My Email For Help: [email protected]
  • #479
  • May 25, 2015 1:12pm May 25, 2015 1:12pm
Quoting sirwolf
{quote} Pannet, Thanks for sharing. Looks very interesting. How long have you been trading this and with what success? Can you share your template? Thank you! Sir Wolf
sirwolf,

Long Story Short.

This is just the standard CCI indicator on the higher timeframe. But CCI indicator just moving up and down does not give me confidence. On the left is the H4 (higher timeframe chart). Problem with higher timeframe candles when traded directly are when we enter after the candle close, we are late in the trend and when we enter at the candle open we are in the retrace. So we just use it for the Bias and use the Daily Open Line for timing.

Once we are in the Bias, we look for counter trend to reach high or low to enter for smaller profits. This will also keep the impatient busy. The chart on the right is 15 minutes, You can see on the Sell Bias, Selling at the highs (or end of Green Candles) produced winners.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot from 2015-05-26 01:32:53.png Size: 73 KB
  • #480
  • Edited 7:41pm May 25, 2015 1:17pm | Edited 7:41pm
I have been in the EUR/JPY from May 22 To sell. It has reached about 71 Pips over the -100, now because the value is now -125 and I am about 40 pips in profit. I put a stop loss at break even because, of the little pips in profit. If I was lets say 100 pips in profit I would not put a stop loss because of the Divergence it always does I would wait till it crosses back above the -100 value and still be in profit without a SL.



I have taken out Profits along the way. I had started at $20 a pip and removed $15 a pip out, now I am left with $5 a pip.
Do You Get The Idea.

If you Look above at my trading you see the EUR/JPY,
Don't worry about the AUD/USD, its extra, I don't trade other currencies, I just trade EUR/JPY I do it in this thread for learning But You can if you want.
Let me tell you something, if you like trading and don't want to wait for a Daily CCI Signal, you can still trade the EUR/JPY 1 hour and 4 Hour, and just stick with Eur/jpy currency . Also the EUR/JPY almost trades 24 Hours Except after EURO Close it slows down till JAPAN OPEN which is about 7 hours there its slow and you should not trade in that 7 hour zone because of whip saws!!!
OK Got This Info. Its Great!
My Email For Help: [email protected]
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