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Stacker6

  • #41
  • Nov 24, 2016 11:57am Nov 24, 2016 11:57am
Dear Reno hi.

I cannot use CCI indi. I do use RSI. Would it be possible to advise me how to handle it ???

Going long on a crossing if RSI is above zero or if is below zero BUT ascending...???

Regards.
  • #42
  • Nov 24, 2016 9:14pm Nov 24, 2016 9:14pm
Quoting F.g
Dear Reno hi. I cannot use CCI indi. I do use RSI. Would it be possible to advise me how to handle it ??? Going long on a crossing if RSI is above zero or if is below zero BUT ascending...??? Regards.
Happy Thanksgiving F.g.
I don't know which one is more sensitive, the C.C.I. or the R.S.I. I'd be willing to bet that if you decrease your R.S.I. setting, you'd achieve your 'zero' cross. If you don't wish to adjust your setting, take a gamble on an ascending R.S.I. I wont lie and say I've never done it.
If you decide to adjust your setting, I wouldn't change it more than 2-3 units, then check it, and flip a coin.
  • #43
  • Nov 24, 2016 9:48pm Nov 24, 2016 9:48pm
Notice the trend line I decided to plot on the C.C.I. This trade was taken 2 1/2 hours prior to the news event. I make a note every Sunday of all major news events for the coming week. Don't leave this information to chance.
Most of the 'major' pairs when ranging up to that morning. A plotted trend line helped to justify my first trigger.
My second and subsequent triggers were about 30 pips apart. My first trigger was slightly more than 30 pips.
Hope this helps.
Happy thanksgiving to all.
Reno
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  • #44
  • Nov 25, 2016 12:37am Nov 25, 2016 12:37am
Quoting renofaith
{quote} Happy Thanksgiving F.g. I don't know which one is more sensitive, the C.C.I. or the R.S.I. I'd be willing to bet that if you decrease your R.S.I. setting, you'd achieve your 'zero' cross. If you don't wish to adjust your setting, take a gamble on an ascending R.S.I. I wont lie and say I've never done it. If you decide to adjust your setting, I wouldn't change it more than 2-3 units, then check it, and flip a coin.
Reno, didn't really understand. I use 5' chart to trade but keeping the RSI on the hourly chart only.
I use 7 periods setting [not 14] .
  • #45
  • Last Post: Nov 25, 2016 8:31am Nov 25, 2016 8:31am
Quoting F.g
{quote} Reno, didn't really understand. I use 5' chart to trade but keeping the RSI on the hourly chart only. I use 7 periods setting [not 14] .
... then I would try a 5 to see what that does.
Thx Reno
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