Sorry for the confusion. Post #2 is definitely clear. I just had the impression from reading through thread #1 and from my own simulation trading that exits with this system need to be a bit more discretionary than the entries are. In other words, use stops at +/-1 from the 25-EMA as a guideline, but if you just rely on that, you will get whipsawed on too many occasions. You have to look for exhaustion on the price, MM lines, XO-signals, CCI leveling out at the zero line or crossing it, etc.

Of course, maybe this is a mistaken impression? Sorry again about the confusion

As long as you have found the trail again, I am happy for you. I am not sure why you get so many whipsaws with your stops ±1 pip of the 25-ema. However, you are right in saying that one needs to look at the overall-picture.

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.

Looking again at my post, I have to say it's equally possible that my entries could be the problem due to trading into resistance thus causing a whipsaw so I will equally have to look at that as well.

One other question: what purpose does the MA on the RSI have? Do you usually wait for a cross in your direction?

Thanks again

Yes, sometimes as soon as the XO_signals the trade and the MVAs cross the RSI, I will enter, but you will find that mostly when the mvas cross (dots) is when the entry is correct.

THE MOST important signal remains the XO, but I take everything else as confirmation.

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.

I have updated Post #2 with the latest Template as well.

Also, I have added the Heiken Ashi_kuskus for those of you who wants to replace the 55-EMA with this Heiken Ashi. Setting must obviously be 55.

Please let me know should there be anything that I have not covered.

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.

Is this just bad luck or is there something that should have prevented me from making this trade? The pivot? The time of day?

Attached Images

3.19.07 Loss (Large).GIF (66.3 KB, 978 views)

Valeo,
Great work!!!! I stumbled across this thread and was amazed. I’ve been waiting for indictors that are across multiple time frames. My normal trading is across multiple time frames, so this fits right in. I’ve been forward testing it for the last week, and it works great. Many Thanks!

Do you Trade at all on the multiple time frames for higher charts, such as the 4 hour?
If so, what indictors and settings?

I’ve attached another Woodies CCI indictor for you, this one has the LSMA for the center line. If red, price is below LSMA. If blue, price is above LSMA I noticed your woodies CCI was missing it. I don’t know if you follow woodies rules and use LSMA or not, I’m just trying to be helpful.

Also I’ve attached another CCI indictor I found useful made by FX sniper. It shows trends. Red above blue, bearish. Blue above red, bullish.

Hopefully I can contribute, if not at least I can help you test any new methods. I’m really interest in doing this system on higher time frame of 4 hour. Let me know if you need any help.

Again, many thanks for a great system ,
Blade

Attached Files

	1_CCI_Woodies_Lnx_v3.mq4 (7.9 KB, 188 views)
	1_FX Sniper's Ergodic CCI Trigger (SRDC).mq4 (3.5 KB, 188 views)

Hi Blade, sorry I am responding so late. Thank you for your kind words, much appreciated.

Yes, I have switched to Linuxser's CCI, but I left it to the traders to decide if they want to change - I don't believe in forcing my ideas down anyone's throat. Personally I do not like the second CCI you have posted, but that is my preference. I do know the LSMA very well and have traded with it for years - read the posts in the first Thread and you will see how I have applied it and now that Linuxser incorporated it into the CCI, even better.

I believe that I have improved the method significantly (yet again) and will post my findings next weekend. All I can say is that it improved the trading significantly and kept me out of stupid entries.

Please send me your private e-mail address via my PM.

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.

ValeoFX,

you have added RSI percentage to your method not long ago.
I should admit i haven't tried it yet. Do you find it useful? ( looks like it rarely goes below 15/above 85 level)

Thanks

euro

ValeoFX,
Look forward to your update next weekend and to your continued generousity!
Bill Marsh
Los Angeles