Hi Endy,

I think that this really makes a lot of sense - thanks for sharing it with us - nice coding too!

I do have one question however. I've just put your indicator onto a 4 hour chart and the date/time stamp of the last value I have on the 4 hr is 16:00 on the 11th Dec. It is now 03:12am on the 12th Dec in the UK - is there a delay with the signals?

Thanks,
Nick

Hi all,

had to do some socializing last night, so it took some time to get back on feet.

Anyways, here is the other part of the santa box, that currency1 vs currency2 indi (find attached).

Also, yesterday I took advantage of GBP/USD strength leaving range region (100/-100) to the up side. So GBPUSD was suppose to go up, wasn't it?

Patience was the key and I took 1/3 of long possition at 1.4880 and then one more 1/3 at 1.4861. The plan was to add the final 1/3 at the region of 50SMA on H1 at around 1.4810 (at that time). Having weekly pivot point in the way, cable was not able to move there, so I was left with only 2/3 of the long position filled.
For the exit, first target was 127% fibo, the other one 161%.
Isn't it funny how the other one got hit almost to the pip?

Please, don't take this as I'm boasting around here, this is just a short summary of optimal trade based on FX Pimps ideas and small advancments I made for myself. Feel free to ask any questions..

Regarding the best functionality of the indicators. Please don't forget it is based on H4 TF, so that means, you need to have your H4 TF data in MT in good shape. No gaps in data etc.. MT sometimes does that, if you don't have H4 TF (or any other tf) opened for long time, but had it opened before, it won't download all the data in between and things may get ugly.
The easiest way to clean up your H4 data is: switch off your MT, go to your MT directory, then history/xxx where triple-x is name of directory inside this history subdirectory (it varies from broker to broker). In my case (I use FIBO), the subdirectory goes: history/FIBO-FIBO Group MT4 Demo Server
In this directory, delete all XXXXXX240.hst files. With the new start of MT, all history files will be downloaded again.
Regarding the currency labels on currency meter (I think Honest Bill asked me this), please don't forget to shift your chart using: Properties (F8) -> Common -> tick the Chart shift option.

Please, note also, that indicator doesn't require H4 charts opened in your MT, it will download it itself. You can see after first putting of indicator to window that it dances around for some time. That's when the data is being downloaded.

Have a nice pipping,
endy

Attached Images

	gbpusd_play.jpg (78.2 KB, 363 views)
	gbpusd_1m.jpg (78.7 KB, 362 views)

Attached Files

!cci_dif.mq4 (1.7 KB, 137 views)

I'm sorry, but I couldn't resist, I just hope someone saw this EURGBP comming.
First long entry level at 20EMA (first 1/3).
Now it seems it is going well. TPs based on the previous post..

Zak, I liked the trendlines you put into your last notes, so have a look on this one on EURGBP.

endy

EDIT1:
TP1 at 127% fibo (0.8923) hit, now waiting for TP2 at 161% fibos around 0.8942.
EDIT2:
TP2 hit, I'm keeping small position opened with SL around .8880 (nice figure ), just in case eurgbp wants to go to that 1.0 faster.

Attached Images

eurgbp.jpg (82.0 KB, 348 views)

Excellent work Endy
Why do you use CCI(48) though and not pimps CCI(21)?

Just to check the process would you look at icci_sum first and based on current results long EUR, JPY and short AUD, USD then check individual crosses of these 4 and look for any leaving the +/-100 range and use limit orders to get into trades.
Thanks for the indies I will certainly do some backtesting over the w/end.
Swagman

Hi Endy

Thanks a lot for posting your indicators. They look very interesting and appear to have great merit when combined with the Pimp's teachings, so feel free to post your ideas/charts.

I too liked the way that the Pimpster used trend lines on your indicators so have a look at my offering. I feel a bit more study is needed before risking hard earned pips but the potential is certainly there.......again thank you very much for sharing.

Best regards Kiwi

Attached Images

EURUSD 12-12-2008 8-59a.m. UK Time (2).jpg (394.0 KB, 331 views)

__________________
Chance favors a prepared mind

Here is how I played it. I guess it is clear enough from the attachced charts (earlier I wrote I am keeing small pos for future, I decided to close it, because I am not sure if I'll have time to look into it in next few days).

endy

Attached Images

	eurgbp_play_finito.jpg (59.6 KB, 359 views)
	eurgbp_longertf.jpg (78.4 KB, 345 views)

I played a bit with different periods, this seemed ok for me.
The rule is clear:

• the bigger the period, the safer trend indication, however you can get into game too late
• the shorter the period, you can get sooner into game, even though the trend is still going original direction and you just cought retracement

So you need something in between.

Yes, something like that.

endy

Endy, KiwiTraderNZ,

Also, how do you hide some of the cci's?

Here is what I have:

Attached Images

chart.gif (18.7 KB, 309 views)

__________________
Honest Bill

Here is my template.
In regard with the hidding of some of the CCI's, I think the easiest way is to change their color in indi properties to match background col.

endy

Attached Files

curstr.tpl (3.1 KB, 103 views)

Thanks, Endy,

You are right. Pimp uses ODL too. I'll let him know.
I'll compare to FIBO-FIBO Group MT4 Demo Server

__________________
Honest Bill