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  • #9,081
  • Oct 23, 2015 1:38pm Oct 23, 2015 1:38pm
Quoting PipShot
Hello Clive, I'm new here and hope this isn't me asking a daft question, but I checked page 416 post 8309 and did not see a download link. Otherwise thank you for your contribution and I would like to dive into your system.
Hi Pip,
See Clive's post 8891 for list of indicators, and posts 8898,8899 and 9001 for the links to indicators.
Galatians VI As you sow so shall you reap.
  • #9,082
  • Oct 23, 2015 4:47pm Oct 23, 2015 4:47pm
Quoting clivepackham
Hi Heres the TTindy attached below and the two other indicators you'll need to put in a TTindy folder in your indicators list like below.. ... {image} The settings I use are these where it opens up the top 8 5 minute trending charts automatically for you by ranking the 5 min 35lwma slopes... {image} You might have to put a prefix or suffix input in if your broker has them on your symbols.. What I try to do is trade the strongest trending 5 min charts on my 1 minute charts whenever the 1 min trend (35lwma) turns in the same direction as the 5 min...
Im really stuggling to get this to work. Ive made a TTindie file, ive downloaded all the indies etc. Can someone please write an idiots guide for me to follow step by step and i will buy them a beer. The template i have is the no fear 5min master. Ive read lots of this thread on and off and am probably missing some keys to put this together properly. Im trying to get it so that charts open automatically to the top trenders. I know the theory and how to trade the clive way. I just need help with getting the charts sorted. Thanks in advance.

This is what my screen looks like...
Attached Image (click to enlarge)
Click to Enlarge Name: iak_screenshot.png Size: 59 KB


Looking at above post i see i need to find more indies. will do some more homework!....
  • #9,083
  • Oct 23, 2015 4:54pm Oct 23, 2015 4:54pm
Hi Iak

Open up the settings for this indi. Scroll down the list of options and when you see "Openup new charts" change to True. This should do it

Peter
  • #9,084
  • Oct 23, 2015 5:07pm Oct 23, 2015 5:07pm
Quoting petera
Hi Iak Open up the settings for this indi. Scroll down the list of options and when you see "Openup new charts" change to True. This should do it Peter
Thanks mate. Looks like im actually missing a ton of indies. Downloading them all now and will then put it all together hopefully. Im using post 8891 to give me list of what i need.
  • #9,085
  • Oct 23, 2015 6:32pm Oct 23, 2015 6:32pm
OK im fed up with this now. still not working and i have downloaded every indicator and read hundreds of posts and set indies to correct settings etc etc. This thread is great but hard work as everything is all over the place! Need sleep. Will try again next week. If I ever figure it out I will post a step by step guide for fellow thick people like myself. Is it just me not getting this to work? Top trenders all just listing zeros now! aaaggghhhh. lol.
  • #9,086
  • Oct 23, 2015 7:26pm Oct 23, 2015 7:26pm
Hi Iak

Exactly which indicator did you actually download. Actually just noticed from your charts above that the suffixes may be the problem. There is an explanation on how to set it up but you have to deal with the suffixes (e.g eurusdsb)

Peter
  • #9,087
  • Oct 23, 2015 7:31pm Oct 23, 2015 7:31pm
Hi Again

In the settings, look at the last 2 options in the settings table. You can add the suffix/prefix here.
I hope this works (btw......it is the weekend so the charts won't refresh....don't mean to state the obvious).

Peter
  • #9,088
  • Oct 23, 2015 9:26pm Oct 23, 2015 9:26pm
Quoting MarkFX77
Hi all. I see that many guys here go for only 10-20 pips per day. Nothing against that, it is also profit. But if on a bad day it kills you with -100 pips you wipe the profits of a entire week. 2.) Do you trade with two MA's or you use only the 35 one? I saw that the creator of the thread used one in the beginning, then he was trading with two and then switched back to one again. I saw that with the second one (175) it keeps you away from very good trades but might also save you from silly ones. Question is if it is overall better to use one or...
Hey Mark :-) what a great start - sounds better than an ok day to me but I suppose it depends on your perspective lol Just thought I'd mention that I have seen a post of Clives where he suggested splitting your lot and take half off at a predetermined level and letting the other half run until an MA price cross as a definition of possible end of trend. Some years ago I was a member of Woodies CCI room and I quite liked the longer term (eg 100 setting) CCI moving below/above + or - 100 as an indi of possible end of trend and point to close out runners. The actual cci crossing point is not much different from observing a price crossing an MA however the trend of the CCI histogram bars towards the 100 signal exit line seem to give a little extra insight to possible direction change, fwiw. Thanks for sharing your results from initial live trading - inspirational :-). cheers...Paul.
  • #9,089
  • Oct 24, 2015 4:19am Oct 24, 2015 4:19am
Quoting Paulnz57
{quote} Hey Mark :-) what a great start - sounds better than an ok day to me but I suppose it depends on your perspective lol Just thought I'd mention that I have seen a post of Clives where he suggested splitting your lot and take half off at a predetermined level and letting the other half run until an MA price cross as a definition of possible end of trend. Some years ago I was a member of Woodies CCI room and I quite liked the longer term (eg 100 setting) CCI moving below/above + or - 100 as an indi of possible end of trend and point to close...
Hi Paul

Thats very interesting about you being a member of Woodie's CCI room as I've heard he is an expert in trading my beloved CCI. I've heard he can trade charts with just the CCI and no candles at all and still make money....

Your comment about the 100 period CCI as the trend is interesting too as when I put it on my chart, the crossing of the 100 levels coincided almost perfectly with the 35lwma changing colour. But of course its not coincidence is it?? its because all these indicators take their information from the same place, price. So no surprise that when momentum(CCI) and price(LWMA) agree you have a winning setup...

All I'm ever looking for on a chart is when the two line up and then in we go....Price and momentum agree equals an edge...

Look at this chart of GBPNZD with the 100period CCI and the 35lwma, I've marked the moving average colour changes to green with red lines and arrows so you can see how they coincide with the 100 CCI momentum shifts and when they agree take the entries on the faster 8 period CCI...(marked with yellow vertical lines and arrows).

Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDM1 100cci for trend 8 for entry.png Size: 109 KB


I use to have the 15 minute 14 period CCI on my 1 minute chart the old 210 But as I'm all for simple when I realised the lwma does the same job I took it off..

So its very simple for me, our 35lwwma is our trend and our CCI tells us when the momentum is returning to the same direction as our trend and in we go.

Trend plus momentum equals an edge....
Feel the Fear and do it anyway!!!
  • #9,090
  • Oct 24, 2015 6:12am Oct 24, 2015 6:12am
Hi Clive,

on the last screenshot, why you marked only the buy trades? Would you have not taken the sell setups as well? What is your experience with
"bad days" or choppy markets. How you filter that? Thanks!

@Paulnz57

Just try to do my best without complicating it too much. I trade already for 2-3 years "ok", let's say I can live from it and don't lose on a constant
basis ) I like scalping and so I check here and there different systems to take the best out of them.
  • #9,091
  • Oct 24, 2015 6:16am Oct 24, 2015 6:16am
Quoting clivepackham
{quote} Hi Paul Thats very interesting about you being a member of Woodie's CCI room as I've heard he is an expert in trading my beloved CCI. I've heard he can trade charts with just the CCI and no candles at all and still make money.... Your comment about the 100 period CCI as the trend is interesting too as when I put it on my chart, the crossing of the 100 levels coincided almost perfectly with the 35lwma changing colour. But of course its not coincidence is it?? its because all these indicators take their information from the same place, price....
Sorry, forgot something. Do you still use two MA's 35&175 or only the 35 one, and why? Thx!
  • #9,092
  • Oct 24, 2015 7:30am Oct 24, 2015 7:30am
Quoting MarkFX77
Hi Clive, on the last screenshot, why you marked only the buy trades? Would you have not taken the sell setups as well? What is your experience with "bad days" or choppy markets. How you filter that? Thanks! @Paulnz57 Just try to do my best without complicating it too much. I trade already for 2-3 years "ok", let's say I can live from it and don't lose on a constant basis ) I like scalping and so I check here and there different systems to take the best out of them.
because I was trying to illustrate trading with the momentum of the 100 period CCI so only buying whilst its momentum is up....Should also add if the 5 min 35 was on the chart it would of been green so only up turns on the 35lwma..

Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDM1 5 min up.png Size: 94 KB


Just popped a chart on to show you what I mean about the 175(5min 35) being green too
Feel the Fear and do it anyway!!!
  • #9,093
  • Edited 7:56am Oct 24, 2015 7:45am | Edited 7:56am
Quoting MarkFX77
Hi Clive, on the last screenshot, why you marked only the buy trades? Would you have not taken the sell setups as well? What is your experience with "bad days" or choppy markets. How you filter that? Thanks! @Paulnz57 Just try to do my best without complicating it too much. I trade already for 2-3 years "ok", let's say I can live from it and don't lose on a constant basis ) I like scalping and so I check here and there different systems to take the best out of them.
Well you can avoid "Choppy days" by trading in direction of the 5 minute strong trenders, as you will usually find one pair or another trending very strongly on the 5 minutes...

Other than that I have just recently started trading the 1 minute alone with no other timeframe in mind whatsoever. I've been trading with the 5 minute 35lwma on my side most of the time but the problem I find with that is the 5 min so lags true price action, the front end, the 1 minute moves...

BUT that being said I'm always aware that the 175lwma is telling me the general biggest movers and where the money has been falling in the same place for a bit longer.. If the lwmas start flat in the mornings then using the 5 min TTindy will giude me to the strongest moves early on...

If I'm honest , I'm not convinced of the "only trade in direction of the 5 minute" argument so regularly just stick to the 35lwma on its own...and trade every turn it takes as markets apparently range for 70% of the time so that way I get all moves...

However if I find myself trading a 5 minute strong trender then the 35lwma turns the same way are very profitable...

Guess I haven't really answered your question with a definate yes or no, but to be honest the market is a living breathing organism thats forever turning and twisting this way and that. One day its all 5 minute trends and you can't go wrong then the next day, every time a 5 minute picks up a head of steam it immediately turns over and leaves you with egg on your face...

Bottom line for me is the 1 minute is the master, the rest just follow.....so trade the 1 minute 35lwma and when it agrees with the 5minute its a bonus...
Feel the Fear and do it anyway!!!
  • #9,094
  • Oct 24, 2015 10:20am Oct 24, 2015 10:20am
Hi Clive

I guess it comes down to a traders personality. If you want to trade every possible signal, then the 35 lwma only. If you want to filter to only higher prob trades, add the 175 lwma and trade in its direction. The TTIndi is yet another filter for the best possible high prob trades. So many choices, so little time.

Peter
  • #9,095
  • Oct 24, 2015 10:37am Oct 24, 2015 10:37am
Hi Clive

Can I ask you a question about an....ahum....indi.
The strength meter on the right side of the screen. I notice it does it to yours too. There are 8 currencies but only 6 show, sometimes 2 are bunched one on top of each other, etc. Kinda messy. Any suggestions. How much do you really rely on this, as opposed to the TTIndi.
Thanks Clive

Peter
  • #9,096
  • Oct 24, 2015 10:39am Oct 24, 2015 10:39am
Quoting petera
Hi Clive I guess it comes down to a traders personality. If you want to trade every possible signal, then the 35 lwma only. If you want to filter to only higher prob trades, add the 175 lwma and trade in its direction. The TTIndi is yet another filter for the best possible high prob trades. So many choices, so little time. Peter
Thats very true about trading with the 175 behind you and also remember theres literally hundreds if not thousands of 1 minute signals everyday so just take the ones that you feel line up perfectly with the trend and momentum as early as possible in the new trend.

Remember you don't need hundreds of pips to make money trading Forex, so just take 3 or 4 10 pip winners everyday and leave it be.. Just take what you need and leave the rest for someone else. If you don't like the setup you're looking at then let it go, another one will be along in a couple of minutes..

Trade 5% risk across 20 pips then all you need is 20 pips per day and you've made 5% per day so 25% per week and 100% per month. Good returns in anyones money..

Taking that one step further if you start with £250 in your account and did exactly that just made 20 pips profit everyday for 12 months by the end of the year you'd be a Millionaire.....

Anyone up for the Millionaire in a year challenge????
Feel the Fear and do it anyway!!!
  • #9,097
  • Oct 24, 2015 10:44am Oct 24, 2015 10:44am
Does winning a lottery or robbing a bank count?
  • #9,098
  • Oct 24, 2015 10:59am Oct 24, 2015 10:59am
Quoting petera
Hi Clive Can I ask you a question about an....ahum....indi. The strength meter on the right side of the screen. I notice it does it to yours too. There are 8 currencies but only 6 show, sometimes 2 are bunched one on top of each other, etc. Kinda messy. Any suggestions. How much do you really rely on this, as opposed to the TTIndi. Thanks Clive Peter
Hi Peter

I rarely look at it when I'm trading but I finds it handy when theres been a news release or maybe theres GBP strength across the board. Then I look at iot to see which pair is the weakest and trade the GBP against that pair. For instance theres been a good news release for the GBP with a high differential to the expected news, then if the GBP is top who's at the bottom??? AUD?? Then I'd buy GBPAUD to see if I can grab some easy pips...

As for it not reading very clearly thats just the way it is probably means theres not much difference in those ones crossing over each other but again just look at the top and the bottom for the strongest/weakest combination... I can usually workout which pairs are overlapping each other by process of elimination ...

You can also adjust the settings to try and get it to appear clear..

very useful little indy and can be adjusted to decrease increase sensitivity by changing the "maperiod" setting the higher the number the less sensitive it is for instance I've just changed it to 120 and its reading fine now. I tend to run it somewhere between 100 to 200 but experiment and look at the charts to see if its giving you useful information.

In the chart below I've changed it to 200 and its showing GBPCHF as the weakest/strongest combination and considering its the end of the week its looking like a nice chart to sell..

Attached Image (click to enlarge)
Click to Enlarge Name: GBPCHFM1 nice chart to sell.png Size: 74 KB


None of this stuff is rocket science guys, just find yourself a nice trending chart one way or another and sell the peaks in a downtrend or buy the dips in an uptrend...

It can only go up or down, make your choice and enter the market on a pullback, simple as it gets...
Feel the Fear and do it anyway!!!
  • #9,099
  • Oct 24, 2015 12:47pm Oct 24, 2015 12:47pm
Quoting clivepackham
{quote} Hi Peter I rarely look at it when I'm trading but I finds it handy when theres been a news release or maybe theres GBP strength across the board. Then I look at iot to see which pair is the weakest and trade the GBP against that pair. For instance theres been a good news release for the GBP with a high differential to the expected news, then if the GBP is top who's at the bottom??? AUD?? Then I'd buy GBPAUD to see if I can grab some easy pips... As for it not reading very clearly thats just the way it is probably means theres not much difference...
Hi Clive!

Thanks a lot for the detailed answer. Whats your max loss for the day? Or you just trade until you are up +20?

In case you get into a chop zone, how many losses you take until you walk away and come back later? If you manage it that way.

Thanks and have a good evening!
  • #9,100
  • Oct 24, 2015 6:23pm Oct 24, 2015 6:23pm
Hi 1444
Thanks for the pm but if you do not mind I will answer your questions on the thread, here is a screenshot of the gbp/usd as 1 hour candles I have enclosed the High & Low of the 2am until 6am Uk time by a box, I trade it as a breakout, spend a little time studying it, then give me your thoughts, then I will tell you how I trade it, clue a little good steady simple money-management is needed
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 64 KB
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