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Originally Posted by xxDavidxSxx
the way you waht it is dangerous as when cci is pos.(above 0) the market is moving up and visa-versa. When cci is above 200 or below -200 its trending hard. This would have to be used on 1 hr time and above. I make a living on buying above 0 and selling below 0 line. CCI is one of my main indacaters in my manual system. You can have it like this....when cci crosses back on the 200/-200 and targets 100/-100 then open order. But not on the initial cross above or below. And move s/l to b/e at 100 line because price can continue to trend well when above 100 or below -100.
Your chart is opening sell on the wrong side of the cross. Open on the cross back.
Just a suggestion.
here is the code for disable sell/buy but I don't have one for the entry as I am not a coder. This is taken from another EA I use. the 13 is CCI peroid. Change as needed. if price above 0 disable buy, if price is below 0 disable sell. I personaly don't use it set this way I have it opposite.
{
if (iCCI( NULL, 0, 13, PRICE_TYPICAL, 0) > 0)
DisableBuy = true;
if (iCCI( NULL, 0, 13, PRICE_TYPICAL, 0) < -0)
DisableSell = true;
return (0);
}
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I am interested in how you use CCI, do you use DoubleCCI, and do you also use Woodies TLB and all of that stuff to trade? I would be most interested in how you use CCI to trade, may I PM you?