H4 stoch and CCI based strategy

Quoting MidnightRun

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{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.

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Quoting 5aztv88

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{image} {image}

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Quoting velgengni

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{quote} Attached. Credit to 5aztv88 for trading idea, and iamgotzaa for coding idea. {file}

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if (Period() != PERIOD_H1 && Period() != PERIOD_H4) {
Alert("This indicator only works at H1 or H4");
return (0);

 bool SELLSIG  = sto<80 && sto>70 && cci<0 && cci>-100;
         bool BUYSIG   = sto>20 && sto<30 && cci>0 && cci<100;

Quoting iamgotzaa

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I like this system. I used to try CCI on H4 before. I quite profitable however trading on H4 left you hang boring for weeks to make a trade. Anyway, keep it coming.

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Quoting diamonddbw

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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....

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Quoting exiao

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{quote} Hi 5aztv88, Did the yellow lines mark the setup candles or the exist candles? Can you show the setup candle criteria on the chart? Thx.

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Quoting Dimi.A

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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!

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Quoting iamgotzaa

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I like this system. I used to try CCI on H4 before. I quite profitable however trading on H4 left you hang boring for weeks to make a trade. Anyway, keep it coming.

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Quoting 5aztv88

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{quote} i wish you will have the best result and profit . let us know about your trade .

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Quoting 5aztv88

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here is my template . {file}

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Quoting Dimi.A

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{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?

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Quoting dinofx

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{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 ​ then i cant see sto & cci calculated & stored into an array...

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Quoting 5aztv88

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{quote} we have to open trade as soon as cci touched 100 or -100 and also stoch should be on higher 80 before, not a moment, for sell and for buy stoch should be under 20 for past time,i mean not come from higher than 30 and suddenly go up from 30 . it should be upper and under for a days . i put vertical line on your screen shot for setup . 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...

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Quoting velgengni

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{quote} Just to confirm my understanding, is the following chart showing the ideal BUY and SELL setup according to your system? {image}

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