Thread: RSI and CCI system

Thus, quiet day yesterday for my pairs.

I was able to pull out a little EUR/USD win. At the pair struck a very solid support from Tuesday and Thursday. I entered the transaction in Buy.
At 10:00 the pair cut RSI 50 and CCI 0 that affirmed me that the transaction was going great.
I leave the transaction at 11:30 as I didn't saw a lot of movement and a Resistance lineup was very near! I had a 36 pip triumph.


To everyone:
I am building up a blog to post daily transactions and hear up your own comments. The idea is to collaborate with all the Traders community and hear remarks. A little help from everyone is going to be a group WIN!

I shall post the link here as soon as I have it prepared.

I missed this one on Friday for EUR/JPY, but wanted to share it with you as an example.

The resistance was holding up fairly nicely. A double top was shaped at 5:45 and time to enter (white E). On the same entering candle, RSI 50 and CCCI 0 cut, so very good confirmation.

Holding the commerce, I believe a fantastic exit point was at 8:45 if CCI was way under -100.000 and RSI under 30 showing off.

This would have been a 52-54 pip win.

Have a Fantastic weekend!

Does this system work with timeframes? 1h and 4h?

As I know it CCI is an oscillator exactly like rsi both used to quantify'oversold and overbought' situations.

The egy seems to have it's merit but I do not think 1 indior is corollating the other.

6 Attachment(S ) ) Hello!!! It's very important to filter the signals that were false, although The machine is corrected. . .to do so I use:
MACD (3, 81, 29)
MACD (3, 10, 16)
xpma ( ema 5 and ema 34, I utilize the cross of those 2 emas)
Stealth LCD v10 ( custom indior, I discovered it in a trading platform. It is a good indior of the management of the price)

I utilize the signal CCI/RSI when also another indiors indie exactly the same.
Here my template, and the custom indior Stealth LCD..someone understands how this indior(Stealth LCD) is developed? If you would like to test this, I'll be glad, if it works, it is a great signal)))
https://www.nigeriaforextrading.com/...1922016512.tpl
https://www.nigeriaforextrading.com/...1359309164.ex4
https://www.nigeriaforextrading.com/...1257905381.ex4
https://www.nigeriaforextrading.com/...1205223240.ex4

Originally Posted by ;

As I understand it CCI is an oscillator the same as rsi both used to quantify'overbought and oversold' situations.

The egy seems to have it is merit but I don't think one indior is corollating another.

Mustela. It's true. Overbought and Oversold scenarios are shown by both. CCI is an oscillator and RSI is a technical momentum indior. Differences is that CCI steps with RSI and an MA using a day average, so its intriguing.

Originally Posted by ;

does this strategy work with greater timeframes? 1h and 4h?

Charlie, since 15 minutes is very like 4 hour charts, I believ the response is yes, but I don't use these charts and this has to be tested.

Rod

Originally Posted by ;

Hello!!! It is very important to filter out the signs, although The machine is corrected. . .to do so I use:
MACD (3, 81, 29)
MACD (3, 10, 16)
xpma ( ema 5 and ema 34, I utilize the cross of these 2 emas)
Stealth LCD v10 ( habit indior, I found it in a trading system. It's a fantastic indior of this direction of this price)

I utilize the sign CCI/RSI as well as another indiors indie exactly the same.
Here my template, and also the habit indior Stealth LCD..someone knows how this indior(Stealth LCD) is developed? If you would like to check this, I'll be glad,...

Luca,

Thank you for this post. This is the sort of collaboration which I wanted to see here. I don't enjoy the MACDs, but the EMAs look fairly good for orders.

Hello rodriforex,
thanks. These macd, with these parameters, are very excellent. 3,81,29 indies the most important direction of the price, 3, 10, 16 indies the direction in the brief period. I would suggest to utilize xpma to your emas, because you can see, the variation of the ema, with colours, if it's increasing or diminishing.
I utilize this operativity in 5tf, but I look at 30tf, above all of the emas 5 on low and high. They're resistence and service of the price. When the price closes from the ema considerably pullback. I'll attach example, you are able to understand much better, my english is poor.For this rationale, I like to scalp the signs during the fashion. I believe support and resistence amounts.

If a person examines my operativity and my solution to filter out the signs, I would like to know the opinion!)))

Luca1982. Do you have .mq4 for it?