Originally Posted by nittany1

I'm using them with build 213 with no problems. Try to recompile the indicators see what happens. I never recompiled though, they just work.

Originally Posted by sara-fx

Hi nittany , can you explain more how to uses this indicator (ToR_1.20) ?
where is the best situation to buy and where is best sell signal from this indicator. More thanks if you explain too about trend friend Indic.

regard

Originally Posted by cmfxmen

Hello Nittany 1

Before thanks for your good job for newbies like me on the Forex this type of indicators can give me trust on me.
Maybe you can help me, I trade whith chart 15M my indicator is CCI_Woodies_Lnx_v4 parameters is (CCI:34)(TCI:10)(per LSMA:25)(Trend:5) whith your version 1.20 witch parameters I have to setup for best synchronization ? excuse my english I' french...
A+

Originally Posted by nittany1

For the 15 min I would setup the CCI: 14 and the TCI: 6
What you want to look for is ToR indicating a trend in your desired direction, let's so for example a buy on the 1, 5 and 15 min timeframes if you are trading on the 15 min. At the very least, the 1 and the 5 min.

Using our example of a buy order, you want the CCI to indicate both CCI and TCI to be above zero and heading uphill.

Once you are in your order look for break levels. If CCI goes above 100 consider that your next exit signal. For example if you're in a buy, CCI breaks 100, then in the next 2-3 candles it closes below 100 then close your order. If CCI breaks 200 then use that as your level.

For sells you want trend down as indicated by ToR and CCI to be below zero.

If you want a Woodie's CCI that automatically adjusts to the same periods used in ToR 1.20, I modified a Woodie's to automatically change the periods according to timeframe. You can download it here:
http://www.forex-tsd.com/181030-post106.html

Originally Posted by nittany1

ToR 1.20

OK, the latest version of ToR now adds CCI on three timeframes, 1 min, 5 min and 15min
with both Entry and Trend user adjustable. The calculation is done price typical so it
will match up with woodie's CCI numbers.

OK, 1.11 was broken, if anyone has it delete it and use 1.12 instead or the new 1.20.

This indicator I originally wrote to simple tell between trending and ranging markets.
But now it's almost a little trading system in itself.

The next version will give plain text buy and sell signals in addition to what is shown in
1.20.

Other functionality remains the same.

This indicator shows you whether a pair is trending or ranging.
For trending markets use moving averages and for ranging
market use oscillators.

It shows ADX values for multiple timeframes to help you
decide which trading technique to use.
Sometimes you'll see short-term trends against the H4
and D1 trend.

Green is up, Red is down, Blue is ranging. There are two arrows
for both up and down depending on the strength of the trend.
There is a 45 degree arrow up and down for beginning trend and
a 90 degree arrow up and down for strong trends. The squiggly
lines represent ranging.

Also, it seems to me that in ranging markets you'll get conflicting
info from ADX on different timeframes.

Version: 1.20
1.20 - added CCI with two periods in 1, 5 and 15 min
1.12 - fixed some bugs in 1.11
1.11 - changed to "stronger" and "weaker", added 4 Hour
1.10 - added ADX increasing and decreasing notice
1.03 - adjusted spacing, fonts, unreleased
1.02 - added arrows, ranging icon, no zero space state
for icons/arrows, spacing got messed up, now
fixed
1.01 - unreleased, reduced number of colors, functional
1.0 - unreleased, too many colors for ADX values