HDB CCI Trading System

saw the entry signal @45100,but as one of the rules clearly states NO TRADING before 9:15 ,decided to leave it....

Ja, did the same

saw the entry signal @45100,but as one of the rules clearly states NO TRADING before 9:15 ,decided to leave it....

I had a look at this system again last night for another filter. On 5min chart I found RSI(10) helps as well to confirm.

 

If RSI(10) above 50 and all the others are true for a buy then LONG with a smile.

If RSI(10) below 50 and all the others are true for sell then SHORT with a smile.

 

It might dip or breach the 50 line to 45 or 55, but as long as the 34sma holds you should be ok.

 

Im still looking for a good exit and will share when I find something.

 

If someone wouldn't mind testing this for us all just to make sure im not mad

Also most of the indicators are lagging!! follows price

From what I have seen, CCI is one of the only indicators that price follows!!

I will swear by the 34ema...The power of this ema is absolutely amazing...and I never even considered this 6 months ago!!

Edited by HDB, 10 June 2014 - 09:19 AM.

I had a look at this system again last night for another filter. On 5min chart I found RSI(10) helps as well to confirm.

 

If RSI(10) above 50 and all the others are true for a buy then LONG with a smile.

If RSI(10) below 50 and all the others are true for sell then SHORT with a smile.

 

It might dip or breach the 50 line to 45 or 55, but as long as the 34sma holds you should be ok.

 

Im still looking for a good exit and will share when I find something.

 

If someone wouldn't mind testing this for us all just to make sure im not mad

David thanks for your input but I notice that when CCI cuts 0 then the RSI is about where you want it anyway (50). Am I missing it? Thanks

I had a look at this system again last night for another filter. On 5min chart I found RSI(10) helps as well to confirm.

 

If RSI(10) above 50 and all the others are true for a buy then LONG with a smile.

If RSI(10) below 50 and all the others are true for sell then SHORT with a smile.

 

It might dip or breach the 50 line to 45 or 55, but as long as the 34sma holds you should be ok.

 

Im still looking for a good exit and will share when I find something.

 

If someone wouldn't mind testing this for us all just to make sure im not mad

too many indicators give conflicting signals.

.Simpler the better!! My view only!!

Long at 45230.  Looking for R1 at 45310.  Lets see

hello.....we smiling!!!

 

Reached

I am smiling - 65 pts.

HDB, your fair value quote is amazing!

Thnx HDB for the guidance. In at at 45100 and out 45175

hello.....we smiling!!!

Reached

I had a look at this system again last night for another filter. On 5min chart I found RSI(10) helps as well to confirm.

If RSI(10) above 50 and all the others are true for a buy then LONG with a smile.

If RSI(10) below 50 and all the others are true for sell then SHORT with a smile.

It might dip or breach the 50 line to 45 or 55, but as long as the 34sma holds you should be ok.

Im still looking for a good exit and will share when I find something.

If someone wouldn't mind testing this for us all just to make sure im not mad

Hi Mx125, I use the 15 Min chart and look for the Hi Lo  Close between the 8:30 Start and the candle that closes at 17:00 (Start at 16:45)

Mx125 try http://www.pivotpointcalculator.com/

Thanks, Do I use the info from the previous day's candle as it was on 17:00

No wonder I am suffering today. Is there an alternative?

Mx125 try http://www.pivotpointcalculator.com/

No wonder I am suffering today. Is there an alternative?

Mx125 try http://www.pivotpointcalculator.com/

No its wrong...On Mondays only do not follow igs pivots!!

No wonder I am suffering today. Is there an alternative?

Just want to make sure my chart is right.

Using Pivot: Daily (H+L+C)/3

R1: 44974

R2: 44985

R3: 44993

Pivot 44966

S1: 44955

S2: 44947

S3: 44936

 

Does this look right

No its wrong...On Mondays only do not follow igs pivots!!

Just want to make sure my chart is right.

Using Pivot: Daily (H+L+C)/3

R1: 44974

R2: 44985

R3: 44993

Pivot 44966

S1: 44955

S2: 44947

S3: 44936

Does this look right

GREENS = Long

BLACKS = Short

I ran a quick EA on today from 9am to now on ALSI Future using same rules as yesterday that i posted.

5min charts

Also smiling today

Six trades one a loss the rest wins!! 264 points, not bad for a days work.

I might lose some of these points, made a short entry at 45100 dont ask me why, normally there is a drop at auction so i will put in a limit way down for the clowns to take

that's not the system now right?