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Well known FX Sniperīs 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)
I've revised this indicator because of problems with using in EAs.
Quote:
Originally Posted by ahmad.ariffin
I have a question. What are pq, pr and ps? can someone explain?
I just downloaded your version of the fxsniper indicator w/ alert.
I noticed the inputs are different compared to the one Igorak posted.
Do you find that your settings might work a little better on daily charts?
What inputs would you recommend for daily charts?
Thanks
Wel I use my #mtf version of FX snipers and when I tried igorad's with my mtf it gives a closer response to the trend (i.e. it reacts closer to the rise and fall), so I think his is better, but probably the other version you downloaded would be better if used without the mtf
Would some one modify these indicators to be bar indicator, like SAR Bar from CJA, or Stoch Bar from Banzai. Cos, this FX' Sniper's MA is great for filter or for finding the trend, and the FX Sniper's CCI is great for the trigger.
And when using these two indicators, looks like a simple trading system to me.