Quote:
Originally Posted by pavsman
CCI 125 is the slow trend filter. This is designed to keep you trading with the trend. The best way in my short experience!
CC25 is the medium trend and is also used to auto exit trades when it crosses 0
CCI5 is designed to help you enter at the best time and stay out of retracements. All three variables are adjustable.
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This is a little bit off thread but if you want to have a more visual view of the EA, use bollinger bands. CCI is just an oscillator of current price inside BB. (ie. CCI(20) value 200 means the price just went over typical 20/2 BB upper line)
I have tried similar system myself (without trend filter) and one thing you might want to consider is BB stops (or in your case you might want to use CCI's), don't trail the sl with exact 100 pips but with lower BB line. Worked quiet well in my tests.
cheers,
Mikko