copy and paste #mtf-CCi indikator in your expert\indicators folder...

then run MT4.. and then insert indicator.. chose costum indicators... find #MTF-CCI, set time parameter to 1440... that's it!

i don't have special calculation to set 30 pips... just try.. may be you can find the best pips target for each pair...

and here is my trade report since gmt+2 am

Attached Files

Report-3.htm (15.3 KB, 432 views)

I hope somebod will try this system and make it perfect in another pair...

Thanks, i will try this style..

HI Stevenali,

Do you make your buy/sell decison at 00:00 chart time or do you just go back 24 hours. ?? In otherword does the decison to buy/sell have to be made at the very beginning of a new chart day.??




thanks in advance,

Leighton

Hi Leighton

I open position at 00.00 in my chart, cause i want to start trading with asian session... it means 5am at my country... (sometimes hard for me to wake up at that time...). But i'd like your idea.. maybe we can start trading at europe session... and maybe better result (i've been thinking about it)..

stevenali,

Good and simple system, i see you take my system and improve it ! Thank you ! It is realy a good idea to put in the CCI MTF indikator... but i find a problem, any idea to fix this ?

Attached Images

chart gbp-usd.gif (22.2 KB, 824 views)

This is very common in cci (one of the biggest problem). Price will actually increasing while cci is keep on decreasing.... see the end of april 06 - mid of may 06, about 10+ days price keep on increase but cci's value keep decreasing.

stevenali,

Here are two pictures from a bigger market chanche... also the indicator cci make a big chanche, how will you explain it, if the signal when the new day beginn is short, than you go short(1.gif)... ok, but now there is long signal (2.gif) ???

But what is if the market chanches as today ?

Note, for trading this system you need a very good stop loss and take profit policy to keep in winner zone...

Attached Images

	1.gif (23.3 KB, 607 views)
	2.gif (21.8 KB, 512 views)

Here is my report...

Finnaly i close gbpusd with 139 pips lost... Yes.. the problem is in the begining of asian session cci said going to short, but then it said going to long..

until now i can't find the answer, i hope mr Trader can fix it . I think we should put stop lost in this system.. from now i will put stop lost about 75 pips.

Or may be we should write down the cci at the beginning of asian session.. and when europe market open... and go long or short depends on cci..

Attached Files

Report-4.htm (15.4 KB, 273 views)