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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.
If you are able... appreciate it!!
Brian
Here you go.
For those who like the MSN like alert box, search the code for 'pop' - without the quotes - remove the 2 // in front of the lines where the word pop appears and recompile. You will need the pop.mqh file in your Include folder.
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!
Hope everyone else had a great day as well!
-Ace
Thanks Ace.
If you read the first Post, I said..........
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.
The correct entry was ONE candle prior to my entry, but the candle at 08h55 was an overheating CCi-5! I suggest that we wait for confirmation when that happens as it could be one of the ±9% of trades that carry on like this one did.
So in short, this one was "testing" the theory of the aTRIX-cross at the zero-line and at the same time confirming the direction was correct.
As for the exit in the short, that was purely based on TP as my longer charts indicated that the trade TREND was still long.
Just study your longer charts say an hour before London opens and follow them until London opens and then switch to 30-M chart as your guide.
Best wishes to all.
__________________ "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.
Here you go.
For those who like the MSN like alert box, search the code for 'pop' - without the quotes - remove the 2 // in front of the lines where the word pop appears and recompile. You will need the pop.mqh file in your Include folder.
Seeing that this morning's trades were more difficult (for me at least), I decided to post the trades as I took them for your comments.
Here today is a classic example of patience galore and not getting either anxious or excited when it seems as if there was no chance of getting into the market.
1. First signal for SHORT on the 07h30 CET candle and it overheated! No entry. (Note the Chimp4 signal sitting just above the candle! (Blue circle)
NOW what you do is to watch the CCI-setup very carefully - IF the CCi-18 stays below the Zero-line, the trade DIRECTION stays short. Keep an eye on the CCi-5 (our PILOT) and when it dips back through the Zero-line @ 08h00 (I did not mark it with a vertical line, but used a BLUE-ish square block on the bottom of the CCis on the -165 level); we notice that it was once again "overheated" although there is no "white cap" on the candle! (Reason being that the value was not exactly -165 but close enough to be counted as overheating anyway)
Again, keep your concentration and follow the CCi-5 - it has to do one of two things: (a). either go back up above the zero-line and then come back when you check it out again for an entry, OR
(b). it has to go below the 54-level at least and return to signal the entry.
2. At 08h30 the signal is given for the first trade. Notice the positions of the other indicators, especially the Schaffs and at the bottom the Dynamic_RSi. (More about the Dynamic_RSi later)
BTW, there was a Graveyard Doji on the Daily Pivot for an exit.
3. At 09h15 the candle overheated! Keep eyes peeled on CCi-5 from now on! Watch as the CCi-5 retraces to just under the zero-line and a ZLR follows for the next entry LONG @ 09h40.
The very next candle overheats as well and it is time to get out, but at least we did not burn!
4. The 10h00 candle has a short signal from the Chimp4 above it and if you were not out yet, that is the signal to close the previous long.
10h05 the CCi-5 falls through the zero-line and the only other indicator showing that the trade may have reversed, is the Red Schaff (with the Trix turning Red also - BTW, JoeB and I have agreed to use the Trix in this manner providing that we have some confirmation like I mentioned here)
If you considered the fact that the Chimp was already Short, that was a good entry, but if you waited for the next candle, you will see that the CCi-5 once again got close to overheating ( Blue-square on CCi-5 at level -165)
ENTRY CONFIRMED @ 10h40 after the CCi-5 came back up again and just touched the zero-line for yet another perfect ZLR and the confirmation for a stronger run down.
This short yielded 45 pips without a sweat!
Now it is for you to comment please.
Just about the Dynamic_RSi:............. I like this indicator very much because of my RSi research that I have done and I place it here so that those of you who do not like the TRIX, can swap the two.
__________________ "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.
I like the RSI and have been using the T3 RSI with good results. What is the difference between the T3 and the Dynamic Zone you have? Thanks
Hi BlueWhale,
I have no idea what the difference is, but if you get the results with the T3 than please don't change. I did not see anything to make me want to change to the T3 unless a newer version is available in which case I am prepared to test it.
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.
Yannis
Linear Mode
