Head and shoulder on 5 min chart.

HDB CCI Trading System
#2261
Posted 23 June 2014 - 09:06 AM
#2262
Posted 23 June 2014 - 09:05 AM
short @ 46352
Looking for 100p
Good work HDB, well done
#2263
Posted 23 June 2014 - 08:57 AM
Thank you HDB! Do you perhaps know what's the AVERAGE resources increase or decrease per day, or is it not a possible/relevant question?
looking at 1%...about 100 points to index
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
#2264
Posted 23 June 2014 - 08:55 AM
latest OUV is 46185 + resources increase
Thank you HDB! Do you perhaps know what's the AVERAGE resources increase or decrease per day, or is it not a possible/relevant question?
Edited by BBW, 23 June 2014 - 08:55 AM.
Exi, impie, exi, scelerae, exi cum omnia fallacia tua
#2265
Posted 23 June 2014 - 08:51 AM
Thanks HDB
#2266
Posted 23 June 2014 - 08:49 AM
latest OUV is 46185 + resources increase
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
#2267
Posted 23 June 2014 - 08:43 AM
short @ 46352
Looking for 100p
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
#2268
Posted 23 June 2014 - 08:23 AM
#2269
Posted 23 June 2014 - 08:12 AM
Made one stupid decision which cost me dearly, made a little bit. Learned a lot though.
#2270
Posted 23 June 2014 - 07:57 AM
And InSitu , why you missed class this week????
![]()
![]()
Spending your winnings on some remote Island i guess....
Morning all.
Was looking for a remote island to buy the whole week! Will have to make a bit more money though.
Lets hope this week is also full of action like last week, pitty i missed most of it hunting for my island
#2271
Posted 22 June 2014 - 07:58 PM
Bossie
#2272
Posted 22 June 2014 - 07:26 PM
OK we gone exactly a month trading this system...
Who has lost money so far using the system?
Could only trade about 4 days but made some money. Thanks HDB for sharing the system.
#2273
Posted 22 June 2014 - 01:56 PM
hallo HDB,ive been using your system for almost 2 weeks now..made 412 points ..got 8 trades right out of 13...still struggling to apply this system to cfd's
#2274
Posted 22 June 2014 - 12:06 PM
OK we gone exactly a month trading this system...
Who has lost money so far using the system?
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
#2275
Posted 22 June 2014 - 10:29 AM
hello David, thanks for post/code..see you mentioned 10min(4.5K profit) was that on "live" session?
Code used to test in PreRealCharts - 10min (R4540) profit.
I wont use the cross as exit and rather close it myself because you can make more or cut losses earlier. Fact is it works...
Please amend and share if you can make this actually work better.
===
DEFPARAM FlatAfter= 170000 // Cancel any pending orders, close any positions and prevent placement of additional orders by the trading system after 16:00:00 in the market time zone
DEFPARAM FlatBefore= 100000 // Cancel any pending orders, close any positions and prevent placement of additional orders by the trading system after 16:00:00 in the market time zone
// Definition of code parameters
DEFPARAM CumulateOrders = False // Cumulating positions deactivated
// Conditions to enter LONG positions
indicator1 = ExponentialAverage[13](close)
indicator2 = ExponentialAverage[34](close)
c1 = (indicator1 > indicator2[1])
indicator3 = CCI[50]
c2 = (indicator3 > 0)
c4 = (indicator3 < 100)
IF c1 AND c2 and c4 THEN
BUY 1 CONTRACT AT MARKET
ENDIF
// Conditions to exit long positions
indicator4 = ExponentialAverage[13](close)
indicator5 = ExponentialAverage[34](close)
c3 = (indicator4 < indicator5[1])
IF c3 THEN
SELL AT MARKET
ENDIF
// Stops and targets
SET STOP pLOSS 200
//SET TARGET pPROFIT 300
TIA
I used the 10min timeframe to run the back test with 1mini IG SA40. Make sense?
I find trading like body surfing, catch the right one and you will make it all the way to the beach.
#2276
Posted 22 June 2014 - 09:46 AM
Code used to test in PreRealCharts - 10min (R4540) profit.
I wont use the cross as exit and rather close it myself because you can make more or cut losses earlier. Fact is it works...
Please amend and share if you can make this actually work better.
===
DEFPARAM FlatAfter= 170000 // Cancel any pending orders, close any positions and prevent placement of additional orders by the trading system after 16:00:00 in the market time zoneDEFPARAM FlatBefore= 100000 // Cancel any pending orders, close any positions and prevent placement of additional orders by the trading system after 16:00:00 in the market time zone// Definition of code parametersDEFPARAM CumulateOrders = False // Cumulating positions deactivated// Conditions to enter LONG positionsindicator1 = ExponentialAverage[13](close)indicator2 = ExponentialAverage[34](close)c1 = (indicator1 > indicator2[1])indicator3 = CCI[50]c2 = (indicator3 > 0)c4 = (indicator3 < 100)IF c1 AND c2 and c4 THENBUY 1 CONTRACT AT MARKETENDIF// Conditions to exit long positionsindicator4 = ExponentialAverage[13](close)indicator5 = ExponentialAverage[34](close)c3 = (indicator4 < indicator5[1])IF c3 THENSELL AT MARKETENDIF// Stops and targetsSET STOP pLOSS 200//SET TARGET pPROFIT 300
hello David, thanks for post/code..see you mentioned 10min(4.5K profit) was that on "live" session?
TIA
“melior diabolus quem scies”
#2277
Posted 20 June 2014 - 09:18 PM
Code used to test in PreRealCharts - 10min (R4540) profit.
I wont use the cross as exit and rather close it myself because you can make more or cut losses earlier. Fact is it works...
Please amend and share if you can make this actually work better.
===
I find trading like body surfing, catch the right one and you will make it all the way to the beach.
#2278
Posted 20 June 2014 - 05:45 PM
#2279
Posted 20 June 2014 - 05:40 PM
The 13 crossed below the 34 at ... nearly the same time, just after the 50 cci crossed below 0.
Theirs you Star Badge for the week son!!
Well done to our new student!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
#2280
Posted 20 June 2014 - 05:36 PM
OK guys....PLease have a good look at the 5 min 50cci chart for today!!
It gave 3 beautifull retracements/pullbacks to the 0 line to take out new longs right....each was worth about 100 points!!
The 4th retracement it hanged around 0 and then finally broke it for a short!!
Now i know on a good green day its dangerous to short. I think we all clear with that. This was an uncertain signal....I even asked long or short!!! Then i said doownnnnnnnnnnnn... Anyone know why i said that... Look at the chart,,,What was different with this signal compared to the previous 3??? and i dont want the answer as the previous 3 turned around at 0 and this one went below...
Have a look at chart////Anyone? I think we must add this as an addendum to the rules once youll see it as a short confirmation...
The 13 crossed below the 34 at ... nearly the same time, just after the 50 cci crossed below 0.
"Attitude produces better overall results than analysis or technique, of course the ideal situation is to have both, but you really don't need both, because if you have the right attitude the right mindset then everything else about trading will be relatively easy even simple and certainly a lot more fun." - Mark Douglas, Trading in the Zone.
Don't listen to me, I'm a market Rookie.