FX Sniper´s Ergodic CCI Trigger - Page 10

fxbs · #91 (**permalink**) 11-19-2008, 11:39 PM

Quote:

Originally Posted by tigertrader

Thanks for the reply fxbs.

This is an adaptation of a concept stolen from November 2003 Trading Tips Newsletter. Scroll down until you get to "Qualify CCI with Ergodic". It appears to me that when the solid blue line (ergodic) is at an extreme high or low AND the signal line is between it and the midpoint that the trigger to enter a position is much more valid than just a simple cross of the two lines. This seems to filter many false entries. This is just a "visual" observation and needs testing.

cci erg conf.gif
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.
____________

Quote:

Originally Posted by Linuxser

That article talks about CCI and Ergodic.

Investor/RT Tour - SMI Ergodic Indicator

Ergodic = TSI
Ergodic Signal Line = EMA(TSI)
Ergodic Oscillator = TSI - EMA(TSI)

Investor/RT Tour - True Strength Index

TSI = NUM / DEN
where
NUM = MA(MA(Mom, Exp, Long, m), Exp, n)
DEN = MA(MA(AbsMom, Exp, Long, m), Exp, n)
Mom = PRICE - PRICE.1
AbsMom = ABS(PRICE - PRICE.1)
m = Long Term
n = Short Term

__________________

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)"

fxbs · #92 (**permalink**) 11-20-2008, 12:35 AM

"SMI Ergodic" - what SMI stands for? can't be StoMomentum..?
smz mom? - cant find defenition

tigertrader · #93 (**permalink**) 11-20-2008, 07:10 AM

OK kids, I have recoded FXSniper's file and the alert now gives the current bid or ask price instead of "i=0". Still seems to give a huge number of false entries though.

I find the indicator also uses a HUGE amount of processor capacity (100% for about 5 minutes when starting MT4) and makes my computer very sluggish. Not the newest laptop I admit but it does seem to use an unnecessary amount of processor resources. Maybe I'll get a new one for Christmas....

But perhaps some smart programmer out there can find a way to streamline the process especially at startup.

fxbs · #94 (**permalink**) 11-20-2008, 12:34 PM

Tiger, FXSniper's Ergodic, limit (counted bars) : Igorad, post 23:
just want to remind : http://www.forex-tsd.com/151836-post23.html

cipyu · #95 (**permalink**) 11-20-2008, 03:08 PM

Quote:

Originally Posted by fxbs

Tiger, FXSniper's Ergodic, limit (counted bars) : Igorad, post 23:
just want to remind : http://www.forex-tsd.com/151836-post23.html

fxbs,
i dont understand what this indicator for..
sorry..
hope u tell me more..

regards,
cipyu

RickW00716 · #96 (**permalink**) 11-21-2008, 12:59 AM

Quote:

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.
____________

__________________

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)"

In the picture in this post...which indicator(s) is shown?
CCI and which version Ergodic?

Thanks, I want to try and time like in the chart shown.

tigertrader · #97 (**permalink**) 11-21-2008, 09:32 AM

Quote:

Originally Posted by fxbs

Tiger, FXSniper's Ergodic, limit (counted bars) : Igorad, post 23:
just want to remind : http://www.forex-tsd.com/151836-post23.html

Thanks FXBS I have tried that version and it uses evem more CPU resources!

Is anyone trading and making money using this indicator. If so please let us know and also let us know what if any type of filter you use.

Thanks.

fxbs · #98 (**permalink**) 11-21-2008, 10:06 PM

no, thats what i see (clear beckground):
all bars count (pos = Bars - 1; ) and Bars-counted bars
and the more stuff you have running, the more load you pushing recounting all the bars over and over

Linuxser · #99 (**permalink**) 11-21-2008, 10:18 PM

Right fxbs.

Guys,

How many chart bars are you using?

How many charts open at same time?

Other indies attached?

My MT does not overpass 6%

fxbs · #**100** (**permalink**) 11-21-2008, 10:36 PM

FX_Sniper's_Ergodic_CCI_Trigger_Alert_Fast basically revritten by Mladen

"CCI" in FXSniper's Ergodic name - deep tradition, has nothing to do with CCI

double alphaPq = 2.0/(1.0+pq);
double alphaPr = 2.0/(1.0+pr);
double alphaPs = 2.0/(1.0+ps);
double alphaTrigger = 2.0/(1.0+trigger);

for(i=limit,r=Bars-limit-1; i >=0; i--,r++)
{
buffer[r][mtm] = Close[i]-Close[i+1];
buffer[r][absmtm] = MathAbs(buffer[r][mtm]);
buffer[r][var1] = buffer[r-1][var1] + alphaPq*(buffer[r][mtm] -buffer[r-1][var1]);
buffer[r][var2] = buffer[r-1][var2] + alphaPr*(buffer[r][var1] -buffer[r-1][var2]);
buffer[r][var2a] = buffer[r-1][var2a] + alphaPq*(buffer[r][absmtm]-buffer[r-1][var2a]);
buffer[r][var2b] = buffer[r-1][var2b] + alphaPr*(buffer[r][var2a] -buffer[r-1][var2b]);
buffer[r][var2c] = buffer[r-1][var2c] + alphaPs*(buffer[r][var2] -buffer[r-1][var2c]);
buffer[r][var2d] = buffer[r-1][var2d] + alphaPs*(buffer[r][var2b] -buffer[r-1][var2d]);
if (buffer[r][var2d]!=0)
ErgoCCI[i] = (500*buffer[r][var2c]/buffer[r][var2d]);
else ErgoCCI[i] = 0;
MainCCI[i] = MainCCI[i+1] + alphaTrigger*(ErgoCCI[i]-MainCCI[i+1]);
}
if (alertsOn)
{
if(MainCCI[1] <= ErgoCCI[1] && MainCCI[0] > ErgoCCI[0]) doAlert("short");
if(MainCCI[1] >= ErgoCCI[1] && MainCCI[0] < ErgoCCI[0]) doAlert("long");
}

Thank you, FxSniper; Thank you Igorad, Thank you, Mladen