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Catch the 1 min trend

  • #121
  • Jan 19, 2017 5:11am Jan 19, 2017 5:11am
Quoting MidnightRun
{quote} Does this CCI indicator generate signals automatically? Thanks.
Yes and it will send a pop alert to buy or sell after 365/200 EMA Crossover..Enjoy and dont forget to thank Almo for his CCI idea and settings as well as lokopata for for creating this beautiful indicator...
Goal of a successful trader is to make the best trades. Money is secondary
  • #122
  • Jan 19, 2017 5:19am Jan 19, 2017 5:19am
Quoting Forexpinbar
{quote} Good observation Scrambleguy.I have also observed that sometimes price is far away from the moving averages when Almo CCI sends a signal and this can lead to premature stop out if we enter a position immediately without waiting for a pullback.To curb this , I suggest we wait for a pullback of price to the moving averages after receiving a signal from the CCI indicator before we enter a position..What is your take on this?
Only a cross below the 200 and 365 would have saved you but how would you know? win some you lose some I think. You gave the same example but with an earlier entry, but even that would have stopped you out of 20 pips, only a bigger stop..
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  • #123
  • Jan 19, 2017 5:21am Jan 19, 2017 5:21am
Almo CCI in action..Look at how this indicator filtered these false signals.Great for filtering..Helps to wait for the right setup like a sniper..Good job Almo and lokopota for your valuable ideas and contribution.
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Goal of a successful trader is to make the best trades. Money is secondary
  • #124
  • Jan 19, 2017 5:23am Jan 19, 2017 5:23am
Hi ForexPinbar and all of you.
As someone with extensive experience using MA strategies, with your permission I would like to make a suggestion. try experimenting with channels formed by the same EA's used by you, but applied to price high and low instead of close. For example: instead of using a simple crossover between, say, 365 and 21 MA (ma's applied to close), try crossing 21 (applied to close) with a channel formed by 365 ma applied to high and 365 applied to low. When the channel is pierced upwards, it's a buy signal, when downwards you have a short signal.
You should notice that this filters out many of the range signals, leaving you with less, more "late" but better signals overall. during consolidations, the fast MA tends to get "stuck" in the channel and gives no signals at all, instead of giving many many crosses.
I tried many years MA crosses (including the rainbow template, which I still find great), and never found any "ideal" combination, due to the inherent fault of the MA of crossing a lot (with false signals) in times of consolidation. This is also why my EAs never worked in the long run with simple crossovers. Of course I never used 1min MA's extensively (mine are M5 and higher) but it should work all the same.
For over 2 years now I use a channel, and I am finally able to filter out much of the noise, with a great positive impact on my trading. My ma's are slightly higher, but the principle is the same, and I think you may find this very good once you see how it works.
I am suggesting this since your system is still young, and as I understand you're looking for ways to improve it. This is the result of over 6 years' play with MA's, hope it will be useful for you.
Cheers, and many pips!
  • #125
  • Jan 19, 2017 5:42am Jan 19, 2017 5:42am
My entries according to this thread. TP 100, SL 100. RR1:1. Let's see what will happen.
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  • #126
  • Jan 19, 2017 5:45am Jan 19, 2017 5:45am
Quoting Scrambleguy
{quote} Only a cross below the 200 and 365 would have saved you but how would you know? win some you lose some I think. You gave the same example but with an earlier entry, but even that would have stopped you out of 20 pips, only a bigger stop.. {image}
Yes win some lose some i suppose..We cant win all the time.But when our wins in terms of pips are more than our losses we stand a chance to be consistently profitable in the long run.I know about ATR stops , parabolic stops , chandelier stops etc but I havent tried them on the 1 minute chart and dont know whether they are reliable on lower TF thats why I have been using a provisional stop loss of 20 pips for this strategy..But anyone who has ideas on how to incorporate the mentioned technical stop levels should kindly contribute to the thread.
Goal of a successful trader is to make the best trades. Money is secondary
  • #127
  • Jan 19, 2017 6:28am Jan 19, 2017 6:28am
Quoting Forexpinbar
Almo CCI in action..Look at how this indicator filtered these false signals.Great for filtering..Helps to wait for the right setup like a sniper..Good job Almo and lokopota for your valuable ideas and contribution. {image}
Do I get it right that the vertical line on the chart is the entry long signal generated by Almo CCI?
Thank you.
  • #128
  • Jan 19, 2017 6:32am Jan 19, 2017 6:32am
Hi everybody,new trader here ,thank you Forexpinbar for the strategy ,as well Almo and lokopata for really good contribution and everybody else.Just a question for @MickeyMar,you thinking something like this?Big regards
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Make your own rules and stick to it.
  • #129
  • Edited 7:43am Jan 19, 2017 6:51am | Edited 7:43am
Almo_CCi_2

New Version:
Updated-Updated-Updated-Updated-Updated

Attached Image (click to enlarge)
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Attached File(s)
File Type: ex4 Almo_CCi_2.ex4   19 KB | 822 downloads


Attached File(s)
File Type: tpl ALMO_CCi_2_tmplate2.tpl   3 KB | 709 downloads
  • #130
  • Jan 19, 2017 7:04am Jan 19, 2017 7:04am
Interesting, i like fast trading style, subscribed, will do study
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #131
  • Jan 19, 2017 7:34am Jan 19, 2017 7:34am
Quoting MickeyMar
Hi ForexPinbar and all of you. As someone with extensive experience using MA strategies, with your permission I would like to make a suggestion. try experimenting with channels formed by the same EA's used by you, but applied to price high and low instead of close. For example: instead of using a simple crossover between, say, 365 and 21 MA (ma's applied to close), try crossing 21 (applied to close) with a channel formed by 365 ma applied to high and 365 applied to low. When the channel is pierced upwards, it's a buy signal, when downwards you have...
Hello Mickey Mar I do not want to take anything away from this excellent thread but as I am interested in crude do you have settings in your channel system for this commodity ?
  • #132
  • Jan 19, 2017 4:40pm Jan 19, 2017 4:40pm
Hi, What are the rules for opening trade with this new cci 2 template ? plus what does the size of CCI 2 color code tells ? some time it has short height and some time it has long height
  • #133
  • Jan 19, 2017 10:50pm Jan 19, 2017 10:50pm
Quoting lokopata
Almo_CCi_2 New Version: Updated-Updated-Updated-Updated-Updated Almo_CCi_2.png;2146936 Almo_CCi_2.ex4;2146939 ALMO_CCi_2_tmplate2.tpl;2146942 {image} {file} {file}
can I get MQL file
  • #134
  • Jan 20, 2017 1:17am Jan 20, 2017 1:17am
Quoting lokopata
Almo_CCi_2 New Version: Updated-Updated-Updated-Updated-Updated Almo_CCi_2.png;2146936 Almo_CCi_2.ex4;2146939 ALMO_CCi_2_tmplate2.tpl;2146942 {image} {file} {file}
Great job lokopata..Your contribution to this thread is much appreciated..Is it possible to backtest this strategy with the CCI settings and optimize it so that we can demo test with optimal settings from backtest and compare both results?
Goal of a successful trader is to make the best trades. Money is secondary
  • #135
  • Jan 20, 2017 1:23am Jan 20, 2017 1:23am
Quoting MickeyMar
Hi ForexPinbar and all of you. As someone with extensive experience using MA strategies, with your permission I would like to make a suggestion. try experimenting with channels formed by the same EA's used by you, but applied to price high and low instead of close. For example: instead of using a simple crossover between, say, 365 and 21 MA (ma's applied to close), try crossing 21 (applied to close) with a channel formed by 365 ma applied to high and 365 applied to low. When the channel is pierced upwards, it's a buy signal, when downwards you have...
Welcome to this thread MickeyMar and thanks for suggestions..Makes sense...Will into it..
Goal of a successful trader is to make the best trades. Money is secondary
  • #136
  • Jan 20, 2017 1:43am Jan 20, 2017 1:43am
Wooow excellent short time trading, is according to my style, SUBSCRIBED
I have a Dream....
  • #137
  • Jan 20, 2017 3:49am Jan 20, 2017 3:49am
Positions opened today after CCI alert..Lets see how this will pan out at the end of the day.
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Goal of a successful trader is to make the best trades. Money is secondary
  • #138
  • Jan 20, 2017 3:57am Jan 20, 2017 3:57am
GOING WELL....
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Goal of a successful trader is to make the best trades. Money is secondary
  • #139
  • Jan 20, 2017 4:00am Jan 20, 2017 4:00am
Quoting Yanky2016
Wooow excellent short time trading, is according to my style, SUBSCRIBED
Welcome yanky to FF and to this thread..Enjoy
Goal of a successful trader is to make the best trades. Money is secondary
  • #140
  • Jan 20, 2017 5:10am Jan 20, 2017 5:10am
Trade update....Market is trending quite nicely today..Lets see how this will pan out at the end of the day.
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Goal of a successful trader is to make the best trades. Money is secondary
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