Disliked{quote} Would like to double check the rules (as the way they are described seem unprecise to me) do you mean: sell: if stoch from higher 80 level CROSSES down 70 level and cci from 0 level REACHES/CROSSES -100 level (or CROSSES 0 and heads down to -100) Thank you.Ignored
{quote} Attached. Credit to 5aztv88 for trading idea, and iamgotzaa for coding idea.{file}
Inserted Code
if (Period() != PERIOD_H1 && Period() != PERIOD_H4) {
Alert("This indicator only works at H1 or H4");
return (0); how can it be "if (Period() != PERIOD_H1 && Period() != PERIOD_H4)" at the same time ?
should not it be "if (Period() != PERIOD_H1 || Period() != PERIOD_H4)" instead ?
same surprise for:
Inserted Code
bool SELLSIG = sto<80 && sto>70 && cci<0 && cci>-100;
bool BUYSIG = sto>20 && sto<30 && cci>0 && cci<100; 
then i cant see sto & cci calculated & stored into an array for actual/previous comparaisons
Seems to me it needs to be completed and fixed to be trusted
- #28
- Aug 9, 2015 6:18am Aug 9, 2015 6:18am
Hey 5. Looks as though this method can be traded. Thanks. I've been working with this today and have been applying your method, as is, with one exception; I take my entries on M15 after close of H4 bar. Entry uses same criteria on Stoch & CCI, AFTER Retrace. This almost always gives you a better price going in and (the biggie) gives you a manageable stop, by using most recent previous swing on M15. Should your M15 entry be a worse price then it would have been on H4, let it go. That means that the advantage M15 should provide you with, is diminished....
sounds interesting
can you explain by photo of your chart? i mean capture m15 screen and also H4 and explain how exactly should it done . thank you
- #30
- Aug 9, 2015 6:21am Aug 9, 2015 6:21am
Looks good. I'm a TMS (TDI) trader at heart but I'm going to try this one out for fun with micro lots on a live account!
i wish you will have the best result and profit . let us know about your trade .
- #35
- Aug 9, 2015 8:30am Aug 9, 2015 8:30am
{quote} Thanks man. Very interesting! Would you only enter a SELL once the stoch breaks down through the 80 line even if the H4 candle has not "closed" yet? Or would you only enter if the candle closes and the stoch is actually inside the 80 and 70 line?
1- cci reached to -100 and stoch slowly comes from higher 80 to down .
2- tp reached but i don't open trade on this situation . because cci and stoch going on deferment way for a moment and it is not our ideal .
3- another good setup like number 1 .
{quote} I have some doubts about that indi: if (Period() != PERIOD_H1 && Period() != PERIOD_H4) { Alert("This indicator only works at H1 or H4"); return (0); how can it be "if (Period() != PERIOD_H1 && Period() != PERIOD_H4)" at the same time ? should not it be "if (Period() != PERIOD_H1 || Period() != PERIOD_H4)" instead ? same surprise for: bool SELLSIG = sto<80 && sto>70 && cci<0 && cci>-100; bool BUYSIG = sto>20 && sto<30 && cci>0 && cci<100; i suppose that never happens
Thank you dinofx for your feedback. You have the MQ4 (source), you have great skills to analyze, so I assume you can code well. We're waiting for your touch on this indicator so that it can be "trusted".
