H4 stoch and CCI based strategy

Quoting 5aztv88

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{quote} no,cci must reach 100 and -100 ,so next candle of your setup is ideal setup .

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Quoting diamonddbw

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Hello. Some have asked me how I might take 5aztv88's trade set up, by using a smaller time frame. I created a 15 minute video to explain how this might be done. 5aztv88's method is very good and does not need improvement. My intention is to simply offer alternative entries that can work out in your favor using a very small stop loss, between 20 & 30 pips. Will be happy to answer questions. Also feel free to make suggestions. As always, Flaming (derogatory comments), are NEVER of any value to anyone. Cheers, Darryl https://www.youtube.com/watch?v=nryZ9bZ_WbU...

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Quoting velgengni

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{quote} Thank you 5aztv88. I made some changes on the indicator based on your feedback here. Could you see if this is your correct ideal setup, based on the arrows (blue: buy, red: sell)? {image}

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Quoting 5aztv88

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{quote} thank you so much to develop this system for other time frame . in m15 or m30 we can have more setup signal but also we see more sl in our trade of curse . personally i checked on lower time frame but not good for me . i think we shouldn't trade too much , we should find one good setup and take good pip and profit and let it go . if we play too much the chance of be winner will be less . and also i liked your idea for have same setup in H4 and M15 . actually it is very good idea and work very well , but as i backtest manually on this way,we...

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Quoting 5aztv88

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{quote} dont use arrow indicator , it is not prefect yet . here is corrected : number 1 : setup is correct . number 2 : seup is when CCI reached -100 not passed it . so previews candle is setup . number 3 : setup is correct . number 4 : wrong,wrong,wrong,wrong .... is i said before,stouch for buy must be under 20 level before,like number 3 , i was under 20and30 for afew days,and then it comes up from 30 and gave us setup position . so we ignore stouch that comes from higher 30 to 20 and suddenly going up 30,it is not setup for buy . and also don't...

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Quote

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number 2 : seup is when CCI reached -100 not passed it . so previews candle is setup .

Quoting velgengni

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{quote} We're getting close 5aztv88. The revised indicator is shown below based on your feedback. However, I am a bit confused on point 2: {quote} What number is considered as "reached -100"? As per your set up, the CCI value is -86.7547, so it's not -100 yet. Do we consider "-80 to -100" as acceptable CCI value to meet your requirement? {image}

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Quoting 5aztv88

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{quote} no,cci must reach 100 and -100 ,so next candle of your setup is ideal setup .

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Quoting Singha83

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From my understanding... CCI needs to touch either the +100/-100 level with the stoch crossing up from 20 through 30 or crossing down from 80 through 70.

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Quoting blah234

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Hi Can you please explain your entry for the EUR/JPY trade above? The chart you posted shows the CCI is around 0, no where near 100 or -100 where the orange vertical line is. From the rules, it seems like your entry should of been a buy many candles earlier when CCI first touched 100. Thanks in advance.

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Quoting machine25

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hello This is a nice strategy, well found, should give nice result. The only diffficulty is the entries; between the moment the cci cross down the 0 line, and the moment the cci cross down the -100 line, it could last 10 or 15 bars, same thing for the sto, and the two condition ( sto and cci) will not be fullfiled into the same bar. So it will be difficult to code, it someone could create an indicator, which give the moment of the signal, this would facilitate the coding. The rest of the coding is easy. Cheers!

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Quoting 5aztv88

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EURAUD 80 pip TP . @1.48525 tp:1.49330 i take 80 pips but as i post here now,it is 180 pip going in our profit . and EURJPY that we take 79 pip,it is 160 pip in profit.

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Quoting Dimi.A

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{quote} Nice work mate that's great. You're trading live right?

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Quoting 5aztv88

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here our 3 TP . 4 trade still open and in profit , i will post them when they get tp . {image} EURJPY 79 pip EURUSD 78 pip USDDKK 373 pip {image} {image} {image} maybe they will get more pip but for now i set tp around 80-120 pip . we need EA to find appropriate tp .

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extern double StopLoss = 560;
extern double TakeProfit = 800;  
extern double lot = 1;
extern int per_sto = 20;
extern int per_cci = 20;
int MagicNumber = 5862;
bool signal_sto_buy;
bool signal_cci_buy;
bool signal_sto_sell;
bool signal_cci_sell;
//+------------------------------------------------------------------+
//| Expert tick function                                             |
//+------------------------------------------------------------------+
void OnTick()
  {
//---
int ticket = -1;
 double   sto_0 = iStochastic(NULL,0,per_sto,3,3,MODE_EMA,STO_CLOSECLOSE,MODE_MAIN,0);
 double  sto_1 = iStochastic(NULL,0,per_sto,3,3,MODE_EMA,STO_CLOSECLOSE,MODE_MAIN,1);
 double sto_2 = iStochastic(NULL,0,per_sto,3,3,MODE_EMA,STO_CLOSECLOSE,MODE_MAIN,2);
 double sto_3 = iStochastic(NULL,0,per_sto,3,3,MODE_EMA,STO_CLOSECLOSE,MODE_MAIN,3);
 double  sto_4 = iStochastic(NULL,0,per_sto,3,3,MODE_EMA,STO_CLOSECLOSE,MODE_MAIN,4);
 double sto_5 = iStochastic(NULL,0,per_sto,3,3,MODE_EMA,STO_CLOSECLOSE,MODE_MAIN,5);
 double sto_6 = iStochastic(NULL,0,per_sto,3,3,MODE_EMA,STO_CLOSECLOSE,MODE_MAIN,6);
// stochastic over level 80 for one day, then cross 80 level and go down:
 if( sto_1 > 80 && sto_2 > 80 && sto_3 > 80 && sto_4 > 80 && sto_5 > 80 &&
     sto_6 > 80 &&  sto_0 < 80 ) signal_sto_sell = true;
 //--------------------------------------------------------------------
   double cci_0=iCCI(NULL,0,per_cci,PRICE_MEDIAN,0);
   double cci_1=iCCI(NULL,0,per_cci,PRICE_MEDIAN,1);
   double cci_2=iCCI(NULL,0,per_cci,PRICE_MEDIAN,2);
   double cci_3=iCCI(NULL,0,per_cci,PRICE_MEDIAN,3);
   double cci_4=iCCI(NULL,0,per_cci,PRICE_MEDIAN,4);
   double cci_5=iCCI(NULL,0,per_cci,PRICE_MEDIAN,5);
   double cci_6=iCCI(NULL,0,per_cci,PRICE_MEDIAN,6);
// cci over level -100 for one day, then cross -100 level and go down
 if( cci_1 > -100 && cci_2 > -100 && cci_3 > -100 && cci_4 > -100 && cci_5 > -100 &&
     cci_6 > -100 &&  cci_0 < -100 ) signal_cci_sell = true;
    
  // if sto crossed 80 level and cci crossed -100 level, open order  SELL
    
   if( signal_sto_sell &&  signal_cci_sell && OrdersTotal() == 0 )
     {
      ticket = -1;
  ticket = OrderSend(Symbol(), OP_SELL, lot, Bid, 3, Ask + StopLoss*Point , Ask - TakeProfit*Point , WindowExpertName(), MagicNumber, 0, Red);
     if( ticket > 0)
       {
       signal_sto_sell = false;
       signal_cci_sell = false;
       Print("      OPENED SELL ORDER     ");
       }
     }
    // to have a new order cci will have to be over -100 for a day
    //     and sto over 80 for one day
 //=====+++++===  SIGNAL BUY  =========================
 
// stochastic below  level 20 for one day, then cross 20 level and go up:
 if( sto_1 < 20 && sto_2 < 20 && sto_3 < 20 && sto_4 < 20 && sto_5 < 20 &&
     sto_6 < 20 && sto_0 > 20 ) signal_sto_buy = true;
 // cci below level +100 for one day, then cross +100 level and go up
  if( cci_1 < 100 && cci_2 < 100 && cci_3 < 100 && cci_4 < 100 && cci_5 < 100 &&
      cci_6 < 100 &&  cci_0 > 100 ) signal_cci_buy = true;
    //----------------------------------------------------------------------------------------
  // if sto crossed 20 level and cci crossed -100 level, open order  BUY
    
   if( signal_sto_buy &&  signal_cci_buy && OrdersTotal() == 0 )
     {
      ticket = -1;
      ticket = OrderSend(Symbol(), OP_BUY, lot, Ask, 3, Bid - StopLoss*Point , Bid + TakeProfit*Point , WindowExpertName(), MagicNumber, 0, Blue);
     if( ticket > 0)
       {
       signal_sto_buy = false;
       signal_cci_buy = false;
       Print("   OPENED BUY ORDER    ");
       }
     }    
  }
//+------------------------------------------------------------------+