Originally Posted by fxbs

Attachment 72997
Yes, Tigertrader - you should explain your idea on the chart - it's quite different from described in atricle

Qualify CCI with Ergodic November 2003 Trading Tips Newsletter

One way to use the Ergodic indicator is as a qualifier for the CCI indicator. The blue line is the Ergodic study superimposed on the Commodity Channel Index study. Ergodic confirms the CCI extreme trades very well. We used to get a 50/50% win/loss ratio on these trades. The last few days it is running more like 80% winners. This method is only used for reversals when the CCI is in the extreme range.
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just want to remind : http://www.forex-tsd.com/151836-post23.html
"Well known FX Sniper´s Ergodic CCI Trigger is based on multiple smoothing of instantaneous price velocity (C-C[1]) and have not nothing common with CCI formula.
pq, pr, ps - periods of smoothing (EMA)
trigger - period of trigger (EMA)"