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Glad to hear you are ok.. thank you for this great addition!!!
Brian
GF
Quote:
Originally Posted by Yannis
The new Chimp indicator is ready.
A new parameter named "Max.Limit.Level" has been added which defines both the upper and lower limits for the crosses to occur. Use a positive number, the EA will take care of the lower negative level.
If set to 0, the upper and lower limits will be ignored.
If set to any value above 0, then the EA will signal long crosses occurring below that limit and short crosses when the occur above -limit.
I also took the liberty to code the indicator's levels directly from the settings instead of been hard coded, so they reflect the indicator's settings.
One more special request... on your great Double woodie cci version you did Yannis, can you add the feature that when either alert is used, ie
trend and/or entry cci alert, we get a pop up alert telling which pair?
Standard mt4 pop up would be great, just saying trend or entry cci
alert on x pair at x time. I would appreciate it..and useful
when you have a few pairs on looking for different alerts.
This is the first trade this morning short @ 08h10 on my charts (CET) for ±30 pips.
Note the TRIX indicating the Short ahead of time due to divergence.
The next trade is the LONG @ 09h05 when everything was in agreement. It is suggested that a trade such as this where the TRIX crosses at the ZERO-line, is a stronger trade than any other. I cannot confirm that as yet, but then I did not develop this indicator either.
Note the Magenta-coloured indicator just above the 8 and 15-CEMAs? That is the TEMA_MTF and I only use the Magenta line for TREND. May I suggest you try it out. Thanks to Gerhard.
I will post the LONG entry after this, followed by the SHORT in the afternoon.
Best wishes.
__________________ "Risk comes from not knowing what you are doing" The Tao of Warren Buffett.
"Avoiding mistakes, makes people STUPID and having to be RIGHT, makes you OBSOLETE." Robert Kiyosaki.
Last edited by ValeoFX; 05-12-2009 at 04:19 PM.
Reason: Forgot to add the Indicator
I really like the whole setup, but for me the game changing new pieces
for my trading have been the plot overlay and the trix. Those two
contributed a good deal to my consistency, especially on
short tf trading.
Thanks
Brian
Quote:
Originally Posted by ValeoFX
Two things are evident here:
1. CCi-5 overheated.
2. TRIX divergence confirmed and everything else was in place.
Unfortunately I started my day with a small loss when I was apparently way late to the game and entered at 06:25 (zulu) after price closed below a usual resistance line, nothing was overheated, and the cci-28 crossed -54. Thankfully I got out with minimal damage and recovered the loss with a long at 07:00Z.
I have not been trading with the TRIX but after seeing how helpful it would have been today I will be giving it a try and learning what I can this week.
Valeo-
What was your reason for exiting your 8:05 trade for +30? Other than just a take profit level im not sure I would have done so there (well duh given that I entered)...
Any special reason you waited until 09:05 (your charts) to go long. Seems like a clear signal at 9:00 with the cci cross, close above the CA-8 and STC moving up...
Always good to see your trades and thanks for the help!