Hi Clive,
it was a long time I was away from trading due to some other stuff. It is good to see you being back to the roots
it was a long time I was away from trading due to some other stuff. It is good to see you being back to the roots
Trading is as simple as ABCD
- #8,582
- Sep 17, 2015 12:24am Sep 17, 2015 12:24am
{quote} Combined + verygood
- #8,583
- Sep 17, 2015 2:59am Sep 17, 2015 2:59am
- Joined Nov 2010 | Status: Trader | 4,484 Posts
Hi Clive, it was a long time I was away from trading due to some other stuff. It is good to see you being back to the roots
Great to see you back too, we've missed you...
The TTindy is brilliant just love it on 5 minute master and just trade the 1 minute trends taking the CCI overbought/sold signals its gold dust your work with the TTindy has been instrumental in my success that's for sure...
Just look at these JPY pairs from this mornings TTindy..
Looks like BOJ are up to their old tricks of weakening the JPY ....
Hows your trading going???
Nice to have you back with us....
Feel the Fear and do it anyway!!!
- #8,584
- Sep 17, 2015 4:35am Sep 17, 2015 4:35am
- Joined Nov 2010 | Status: Trader | 4,484 Posts
Hi Clive, it was a long time I was away from trading due to some other stuff. It is good to see you being back to the roots
Sorry to be a pain in the backside but I've got a question for you regards the CCI alerts on the TTindy which is confusing me a bit?? Wonder if you could help??
I'm trying to set up the CCI alerts so that it alerts me when my 1 minute charts CCI's go overbought or oversold and I can't workout the right settings. I have the TF1 set to 5 minute so that it opens the top 4 trenders from the TTindy so I would like to know when these 4 charts go oversold in an uptrend or overbought in a down trend??
I run these 4 top trenders on 1 minute charts so how can i set the CCI alerts up as above??? Got confused with the current CCI setting instructions????
Would be great if it only alerted me when the CCI went oversold in an uptrend (green 175 lwma) and overbought in a downtrend (red 175lwma) becauseI get a lot of alerts the other way round eg alerts when oversold in a downtrend and overbought in an uptrend, which are a nuisance and not much use.
Could you adjust accordingly???
Sorry to bother you , you probably wish you hadn't posted now don't you???
Feel the Fear and do it anyway!!!
- #8,586
- Sep 17, 2015 10:14am Sep 17, 2015 10:14am
{quote} Hi GodsClown Sorry to be a pain in the backside but I've got a question for you regards the CCI alerts on the TTindy which is confusing me a bit?? Wonder if you could help?? I'm trying to set up the CCI alerts so that it alerts me when my 1 minute charts CCI's go overbought or oversold and I can't workout the right settings. I have the TF1 set to 5 minute so that it opens the top 4 trenders from the TTindy so I would like to know when these 4 charts go oversold in an uptrend or overbought in a down trend?? I run these 4 top trenders on 1...
Give it a try!
The settings should be:
ChangeChartSymbol = 1;
extern int tf1 = 5;
extern int tf1malength = whatever;
extern int tf1matype = whatever;
extern int tf2 = 1;
extern int CCi_Alert_tf2 = true;
In that case, the TTindy should alert you when the top-4 1-minute charts went back from oversold/overbought with opening the top-4 5-minute charts.
- #8,587
- Sep 17, 2015 11:15am Sep 17, 2015 11:15am
- Joined Nov 2010 | Status: Trader | 4,484 Posts
{quote} So to be clear, you have the top-4 5-minutes pairs open on timeframe 1-minute and want to be alert, when one of those top-4 went back from oversold/overbought? Or when they went overbought/oversold? Give it a try! {file} The settings should be: ChangeChartSymbol = 1; extern int tf1 = 5; extern int tf1malength = whatever; extern int tf1matype = whatever; extern int tf2 = 1; extern int CCi_Alert_tf2 = true; In that case, the TTindy should alert you when the top-4 1-minute charts went back from oversold/overbought with opening the top-4 5-minute...
Will give this one a run see how it goes...
Have set it up like this , is it right??
Appears to be working fine so thanks for that will let you know how it goes..
Feel the Fear and do it anyway!!!
- #8,588
- Sep 17, 2015 11:30am Sep 17, 2015 11:30am
{quote} Thanks , to confirm I want to be alerted when a strong downtrender CCI goes overbought(above the +100 level) and vice versa so when a strong uptrenders CCI goes oversold(below -100 level) Will give this one a run see how it goes... Have set it up like this , is it right?? {image} Appears to be working fine so thanks for that will let you know how it goes..
PS: Set CCi_Alert_tf2 = true, not to 1. CCi_Alert_tf1 = false.
With your settings, the TTindy will calculate the top 8 pairs. If you want just the top 4 pairs, set topPairs = 4.
- #8,589
- Sep 17, 2015 12:29pm Sep 17, 2015 12:29pm
- Joined Nov 2010 | Status: Trader | 4,484 Posts
Feel the Fear and do it anyway!!!
- #8,590
- Sep 17, 2015 2:03pm Sep 17, 2015 2:03pm
- Joined Nov 2010 | Status: Trader | 4,484 Posts
{quote} Thanks I'll try it out
TTindy seems to be working ok in post news trade mode....
Number one...
Number two....
Number three....
Number four....
Yep seems to be working fine...
Feel the Fear and do it anyway!!!
Hello Clive
I have some questions about your No Fear template. Can you please help me to understand the contents of the four boxes in the picture?
Especially the figures in box number 1 and 4 is giving me a headache.
I love your template and I want to try to use it.
Thanks in advance.
Kim Moeller. Denmark
I have some questions about your No Fear template. Can you please help me to understand the contents of the four boxes in the picture?
Especially the figures in box number 1 and 4 is giving me a headache.
I love your template and I want to try to use it.
Thanks in advance.
Kim Moeller. Denmark
- #8,592
- Sep 18, 2015 6:00am Sep 18, 2015 6:00am
Hi folks
I am reading posts from 340-400 and I found that there was another interesting system (three Hurst bands on M5, M15, H1), described well by Clive in post 7057.
I will gladly study it thoroughly for a couple of reasons:
It can also be traded as a standalone system.
Here in this thread (I would like to test this system also
) I would like to focus at this moment on describing conditions leading to the best, safest entries.
For example in finding examples how should the market (LWMAs) look like to consider first and a second entry in a starting trend.
Example below:
Sorry for my English, it is not my first language and I am bit out of practice
I am reading posts from 340-400 and I found that there was another interesting system (three Hurst bands on M5, M15, H1), described well by Clive in post 7057.
I will gladly study it thoroughly for a couple of reasons:
1. It could give us a TP to TTindy system (mean TTindy plus 35 and 175 LWMA, main Clives system now).
2. It can exclude certain riskier entries (for example entries far out H1 or M15 bands)
3. It gives sense where we are in terms of average range of a move.
4. Important: It can give as an early warning signal that the move has ended and we can wait for a change of color in 175 LWMA and entry in opposite direction.
It can also be traded as a standalone system.
- I believe that it needs some work, especially to spot the most probable, low risk entries and describe and illustrate them with many examples just to be certain how it exactly looks like, what are the citeria to avoid confusion, etc.
- I will prepare a template to analyze entries when we will be sure how exactly best entries look like.
- First step would be a separate thread for this, I am not sure If I can start this. In the first post should be a reference to Clives post http://www.forexfactory.com/showthre...25#post8363725 post or even (If Clive agrees please Clive do ) and also a complete set of indicators.
- Then we should describe (or work out at this moment) methods of entry (for example:
a. Clives CCI entry described here: http://www.forexfactory.com/showthre...54#post8463154
b. Breakout of a previous hi/lo.
c. Entry after touching a lower band in an uptrend and upper in a downtrend eventually plus an support and resistance present (we need to work it out).
d. .
Here in this thread (I would like to test this system also
) I would like to focus at this moment on describing conditions leading to the best, safest entries.For example in finding examples how should the market (LWMAs) look like to consider first and a second entry in a starting trend.
Example below:
1. LWMAs crossed and start to separate.
2. Price moved up through a local high
3. Clives CCI signal on a green support line.
Sorry for my English, it is not my first language and I am bit out of practice
- #8,593
- Sep 18, 2015 6:16am Sep 18, 2015 6:16am
- Joined Nov 2010 | Status: Trader | 4,484 Posts
Hi folks I am reading posts from 340-400 and I found that there was another interesting system (three Hurst bands on M5, M15, H1), described well by Clive in post 7057........... First step would be a separate thread for this, I am not sure If I can start this. In the first post should be a reference to Clives post http://www.forexfactory.com/showthre...25#post8363725 post or even (If Clive agrees please Clive do
Hi Twobooks
Sounds like a good idea to me and yes there is plenty of merit in the three Hurst bands introduced by Devontrader so I am sure he would like to be involved in any such work as he has studied it very closely....
As for starting a new thread with this system yes please do and feel free to take any indicators etc that you need from this thread...You have my full support.
I think it is perfect timing because I am finding my time very scarce at the moment between my business and my trading so I would step back into the background and just pop my head in now and again to see how you're progressing...
I think this thread has probably run its full course now as I feel I have arrived at my system and now just have to trade it to fulfil my dream of trading full time from home...
So it suits me down to the ground if you start a new thread and take whatever you need from this thread to help you.
Let me know if I can be of any further help...
Good luck and I hope you enjoy it as much as I have ...
Feel the Fear and do it anyway!!!
- #8,597
- Sep 18, 2015 10:25am Sep 18, 2015 10:25am
{quote} Hi Twobooks Sounds like a good idea to me and yes there is plenty of merit in the three Hurst bands introduced by Devontrader so I am sure he would like to be involved in any such work as he has studied it very closely.... As for starting a new thread with this system yes please do and feel free to take any indicators etc that you need from this thread...You have my full support. I think it is perfect timing because I am finding my time very scarce at the moment between my business and my trading so I would step back into the background...
Hi Clive, thanks for your generosity
Maybe there will be an opportunity to give back to you. You mentioned your business? I was almost 10 years a business development consultant, consulted dozens of companies, currently I run two successful firms so my knowledge might be useful to you. Please PM me if it would be the case.
I am still interested in your current system also, after a week of testing I see that the best time to trade is 7-8 UK time, most of the LWMAs react at this time nicely… I like that, as even 10 pips a day is enough for me, 100 a day would be, I suspect dangerous in the long run due to unnecessary level of stress
Next week I will search and analyze signals occurring after crossing LWMA,s and will try to find the most reliable signals. I will ask you for to judge my findings.
Thank you again for your input..
- #8,598
- Edited 10:56am Sep 18, 2015 10:32am | Edited 10:56am
Hurst uses envelopes not bands...also 2 envelopes not three Please read pdf and pictures ive posted to.see 2only
I read several chapters from the Hurst book (many thanks) and at the 61 and next pages ("Timing Your Buys With Graphics") he discusses some kind of oscillation patterns present in price moves. It reminds me the Fourier transform - looking for cycles in data with periodic character).
I approached the problem of oscillations from a different, simplified angle. I have used Fibonacci tool to measure time distance from one peek to another for 4 random pairs. I found something strange, in 6 cases on 10 distances from last two peaks compared to distances from last and the next differ less than two hours. Speaking colloquially I could predict next peak on H1 chart two hours before it occurred. In two cases for 10 the third peak occurred precisely in forecasted hour. The last occurrence might be due to news at the same time but news causing market to reverse. Maybe there is something. Then I found something similar on page 69 figure IV-4 ("Rough Prediction using Envelopes") and ... maybe I am on the right path..
Generally I suspect that there might exist pairs with good periodic behavior, maybe we should search all pairs on H1 for such regularities? Maybe there exist one, two three with excellent periodic behavior? This knowledge, combined with Hurst envelopes would give us an excellent edge in the market. I will look into this closer Without any complicated indis I am looking for something simple, as periodic highs or lows, easily to spot by simply looking at the chart.
Maybe you have any more mature idea than mine how to use Hurst timing in analyzing the markets?
Please forgive me my English
