NexusFi: Find Your Edge


Home Menu

 





TF trading using CCI method-it works


Discussion in Emini and Emicro Index

Updated
      Top Posters
    1. looks_one ESFXtrader with 66 posts (341 thanks)
    2. looks_two MWinfrey with 44 posts (154 thanks)
    3. looks_3 ThatManFromTexas with 28 posts (96 thanks)
    4. looks_4 cory with 17 posts (20 thanks)
      Best Posters
    1. looks_one ESFXtrader with 5.2 thanks per post
    2. looks_two MWinfrey with 3.5 thanks per post
    3. looks_3 ThatManFromTexas with 3.4 thanks per post
    4. looks_4 cory with 1.2 thanks per post
    1. trending_up 228,493 views
    2. thumb_up 787 thanks given
    3. group 157 followers
    1. forum 426 posts
    2. attach_file 144 attachments




Closed Thread
 
Search this Thread

TF trading using CCI method-it works

  #131 (permalink)
 emini_Holy_Grail 
Dallas,TX
 
Experience: Intermediate
Platform: NinjaTrader, OpenQuant
Broker: Zaner/Zen Fire
Trading: ES,6E,6B,GC,CL
Posts: 597 since Nov 2009
Thanks Given: 176
Thanks Received: 126

Mike
Posting another 6E - 3range chart, today's chart
It is missing a Green dot at 13.45 as you can see, it crossed +45. would appreciate if you can verify.
time 13.45 is cst

Attached Thumbnails
Click image for larger version

Name:	6E _0105_CCI_number5_GreenDot.jpg
Views:	445
Size:	125.8 KB
ID:	27881  

Can you help answer these questions
from other members on NexusFi?
Futures True Range Report
The Elite Circle
Deepmoney LLM
Elite Quantitative GenAI/LLM
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Are there any eval firms that allow you to sink to your …
Traders Hideout
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
 
  #132 (permalink)
ESFXtrader
West Coast of Florida
 
Posts: 505 since Jul 2010
Thanks Given: 56
Thanks Received: 2,284

The purpose of this post is to show those who have not seen this: An IWM 5 min chart on top with an IWM 10 min chart on bottom. The upper chart has a 62EMA and the lower chart has a 31EMA. Here, it is easy to see that the MAs represent the exact price points at any given time. Therefore, one can use both the 31EMA and 62EMA on the shorter time frame and quickly get the support/resistance of both charts, as well as other additional aspects it may offer. One might see how a trader could take advantage of this and use other charts for other instruments. Therefore, once one gets used to the look, it does not look overly busy. By the way, you can do the same thing with MACD cross. By doubling the values of MACD., you get a similar result on a single chart on the same sub-graft. Note the only difference in the upper and lower MACDs is the 3rd value (MACD length), where the upper is 18 and the lower is 9 (default).
WK

Attached Thumbnails
Click image for larger version

Name:	IWM_5min62EMA&10min31EMAcomparison.png
Views:	707
Size:	87.3 KB
ID:	27882   Click image for larger version

Name:	IWM_15_Min_comparison_onMACDs.png
Views:	596
Size:	78.1 KB
ID:	27883  
  #133 (permalink)
 
MWinfrey's Avatar
 MWinfrey 
Lubbock TX
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Stage 5 Trading
Trading: CL
Posts: 1,878 since Jul 2009
Thanks Given: 1,450
Thanks Received: 3,335



emini_Holy_Grail View Post
Mwinfrey

can I make a request to make that Dot, green and red dot "bigger" ? when CCI changes from +45 and -45

dot is a fixed size so what you see is what you get

  #134 (permalink)
 
MWinfrey's Avatar
 MWinfrey 
Lubbock TX
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Stage 5 Trading
Trading: CL
Posts: 1,878 since Jul 2009
Thanks Given: 1,450
Thanks Received: 3,335


jdella View Post
Mike thanks for programming that counter indicator, here is a screenshot of it on my chart with a 3 range 6E chart, does the numbering look correct?
Thanks, Jeff

yes it's correct. i think i mentioned in my first post where i described this indicator that you may get numbers above and below at times. it just depends when the crossing of the -45/+45 occurs. the numbers above the line are for the crossing of the +45 and numbers below the line are for the crossing of the -45.

Thanked by:
  #135 (permalink)
ESFXtrader
West Coast of Florida
 
Posts: 505 since Jul 2010
Thanks Given: 56
Thanks Received: 2,284

As promised....Hope you had a chance to see the trades and why each was a good trade on this 5 Min chart on 1/4/11. May all your trades be winners.
WK

Attached Thumbnails
Click image for larger version

Name:	TFH11_5_Min_1-4-11.png
Views:	822
Size:	93.1 KB
ID:	27886  
  #136 (permalink)
 rajafx1 
Toronto
 
Experience: Beginner
Platform: ninja
Trading: CL
Posts: 63 since Oct 2009
Thanks Given: 80
Thanks Received: 3


ESFXtrader View Post
As promised....Hope you had a chance to see the trades and why each was a good trade on this 5 Min chart on 1/4/11. May all your trades be winners.
WK

Hi
Please can u tell why you skipped some of the short trades, as they were visible from cci crossing below-45.
please if u can mark on chart.

  #137 (permalink)
ESFXtrader
West Coast of Florida
 
Posts: 505 since Jul 2010
Thanks Given: 56
Thanks Received: 2,284

A count back of 5 or a BB setup may offer a better reversal than that of the 1st bar reversal. Secondly, always look at the price as comparied to the BBs and do not take the 1st bar after a big move in price or where it is at the oposite BB or if the bar is to long....on the long bar, wait for 1/2 pull back within 3 bars or so, depending on the time frame you are trading. Don't just look at the 1st bar >45 or >-45. Also, remember.....no plan is perfect.
Learn the system and the trades pop out at you.....look at a lot of charts.
Also, sometimes the arrows shown indicate only a close of a trade, not a reversal, as there are other indicators that may help show the reversal.
Never expect any setup against a strong trend to continue in the reversal for more than a few ticks and therefore it is best not to take them unless they are outside the outer BB. Then look at the overall price action and make a good judgement and you will most often be right.

Here is the continuation of 1/4/11 on the TFH11 5 Min chart.
Maybe this will help.
Good Trading.
WK

Attached Thumbnails
Click image for larger version

Name:	TFH11_5_Min_1-4a-11.png
Views:	646
Size:	75.8 KB
ID:	27888  
  #138 (permalink)
ESFXtrader
West Coast of Florida
 
Posts: 505 since Jul 2010
Thanks Given: 56
Thanks Received: 2,284

WOW!
And in the middle of the night. Not much sleep yet. I ran across Mikes Journaling and can't put it down, so to speak. Well, you know where I will be in my spare moments going forward. I am now realizing the importance of journalizing. I had thought it was a waste of time. I can't thank you enough, Mike, for this site and your journaling. May God Bless you, your family, and all you care about.
Thank you very much!!! Now time to get some
WK

  #139 (permalink)
 
max-td's Avatar
 max-td 
Frankfurt
 
Experience: Intermediate
Platform: NinjaTrader
Trading: FGBL 6E B4
Posts: 1,752 since Jun 2009
Thanks Given: 2,309
Thanks Received: 927


MWinfrey View Post
dot is a fixed size so what you see is what you get

hey mike,

have a look here at this concept , how i handled plotting dots in this waveRider-Dots- indicator.



using a condition-controled "dotted line / plot" (iE EMAs or a flat horizontal line)
makes DOTs adjustable in size & color and also brings them away from being a drawobect.

maybe this is something useful also in indicators like yours here.

i have no problems if you use the DOT-codingtrick outside of elite, but the wavelets itself should stay in there.


BTW : Great Thread & Topic here !

max-td
  #140 (permalink)
 
trendisyourfriend's Avatar
 trendisyourfriend 
Quebec Canada
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Broker: AMP/CQG
Trading: ES, NQ, YM
Frequency: Daily
Duration: Minutes
Posts: 4,527 since Oct 2009
Thanks Given: 4,171
Thanks Received: 6,018


ESFXtrader, it's not clear to me, when we see an arrow on your charts, do you always enter at the close of that bar ? For example, certain reversal trades you take at the BB, do you take them when price hits the band (Sell limit before price gets there) or you wait until the bar closes in the anticipated direction (market order/ Sell stop) ?


Closed Thread



Last Updated on December 21, 2014


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts