{quote} Hello Emerald, Could you send a chart with your requests on it? I think it will be better for me to understand what do you exactly mean. Thank you for understanding. Have a nice day, Ioan
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I was referring to your chart going short. Anyway...I realise now on point 2 that you don't need to wait you can use other confirmation. Think id need to try it.
{quote} I was referring to your chart going short. Anyway...I realise now on point 2 that you don't need to wait you can use other confirmation. Think id need to try it.
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Hello Emerald,
If you can improve the entries it's just perfect, isn't it?
{quote} Hello Ohleclaire, I'm really happy to see another trader that understood my strategy. Of course , you didn't wait for the confirmation of the main candle to entry on the market, but all the rules are respected, except the last one. Have a great week end, Ioan
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Hi, Can you tell me what criteria is required for the confirmation candle...e.g. as in here for candle 3 to confirm candle 2?
Hello to all of you, I'd like to propose a trade that I took in practice for you, as example of this strategy. As MM, I've decided to take only 10 pips profit because of the lack of volatility. All the explanations are on the chart, please post your questions if there is something what you didn't understand. {image}
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Just set my chart up and found that trade. id have gone at the bar before. Also how do you set up the CFFp chart?
{quote} Hi, Can you tell me what criteria is required for the confirmation candle...e.g. as in here for candle 3 to confirm candle 2?
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Hello Emerald,
The conditions required for the confirmations candle have been posted in one of the previous posts of mine.
I going to post better a chart with explanations on it. In any case, the confirmation candle close above/below of the high/low of the candle given by the moment when the CCI closes the level 100/-100. If this confirmation doesn't appear in 5 candles, check for another entry. If there is a candle that closes above/below the candle 1 but not above/below the high/low of this candle, w don't have a confirmation.
{quote} Just set my chart up and found that trade. id have gone at the bar before. Also how do you set up the CFFp chart? {image}
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Yes, you are right for this one, your entry appears to be at the cadle 1, without the confirmation of the candle 2.
For the CCFP, I don't use a particular setting, just check that the legs are in the good direction and spread enough. I will ask a programmer to see if possible to introduce an alert when the difference between two legs is greater than a certain number, as a filter for the next trade.
{quote} I found an indicator on another thread so take it you can change the pairs. {image}
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Thank you for your help.
I already have this version of the CCFP and the difference between them is that this one take in consideration a certain number of bars and if you want to check back it is very difficult from the point of view of the CPU resources. I work with a domestic lap top not with the computer form NASA.
{quote} Thank you for your help. I already have this version of the CCFP and the difference between them is that this one take in consideration a certain number of bars and if you want to check back it is very difficult from the point of view of the CPU resources. I work with a domestic lap top not with the computer form NASA.
{quote} Hello Emerald, The conditions required for the confirmations candle have been posted in one of the previous posts of mine. I going to post better a chart with explanations on it. In any case, the confirmation candle close above/below of the high/low of the candle given by the moment when the CCI closes the level 100/-100. If this confirmation doesn't appear in 5 candles, check for another entry. If there is a candle that closes above/below the candle 1 but not above/below the high/low of this candle, w don't have a confirmation. {image}
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Just read your post 26 again and thanks again. So I got from it that you have to wait to a retracement within -100/100
@ Ioni - I have played around with your CCI method and I have to say its very good indicator based method. One of the better ones that I have seen. Thank you for sharing your system. Regards
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Hello iamsovereign,
I'm so impressed and so happy with your post.
Thank to you as well for your kind words.
The main goal it's to reach the freedom and the financial independence.
now I understand "SMA 13 closed above the horizontal line..." haha It's eliminate a lot of fake signals with everyday i feel more confident and looks more with this strategy, awesome
"The essence of Discipline is that there are no exceptions" - Jack Schwager
with everyday i feel more confident and looks more with this strategy, awesome