Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

jeffx

Members
  • Content Count

    3
  • Joined

  • Last visited

Personal Information

  • First Name
    TradersLaboratory.com
  • Last Name
    User
  • City
    Benicia, CA
  • Country
    United States

Trading Information

  • Vendor
    No
  • Favorite Markets
    futures
  • Trading Platform
    Tradestation
  1. hi Jeff,

     

    I like to learn CCI entry according to your explaination on CCI 50 to avoid market chop. If you don't mind, can you teach me on how to use cci for scalping on 5 minutes chart? do you use stop lost, how to enter, I already looked at CCI over than 1 years, but still cannot make money from it. If you have good info regarding CCI, or secret, can you share with me, currently I m still learn CCI & put the woodies cci 14 & cci 50 panel at my chart.

     

    I m really appreciated if u can teach me..thanks..

     

    Herman.

  2. Here you go, OHLC bar paintbar. pick the colors you want UPDOWNCLR.ELD
  3. Here's a good way to determine chop, any time frame Note that this works great on FX, although the trader who taught me this trades just about everything that moves. Fib retracements - do fib retracements between most recent significant swing highs/lows, in both directions (1 retracement up, 1 down) If price is moving between .786's, you're definitely in chop. CCI works GREAT, if used properly. It is NOT an oscillator like a stochastic, it is much more of a momentum indicator. If it's staying OB/OS, that's a great indication that you are in a trend, or momentum is in that direction. Try this -- throw a 50 period CCI on your chart. Above 0 = uptrend bias, below 0 line = downtrend bias. Watch what happens to price when the CCI breaks the 0 line, and especially when it breaks the 100/-100 lines. You are NOT looking for a reversal if CCI breaks below 100 or above -100 lines, that is only an exit indication. Lastly, if the CCI 50 is just bouncing between 0 and 100 or 0 and -100, without breaking a "line", that is another good indication of chop. Is it perfect? No! Will it give some false signals? Yes! But I've found no other indicator that is more accurate. For more info, google CCI Dr. Bob (free info) and you'll also find some great setups with CCI. This is NOT the way Woodie teaches it, it's much better IMO.
  4. Great job on converting the TDI to tradestation! Here's my contribution, the attached Wilders Smooth is the same as the "Price Channel" the orignal poster shows in the screenshot, and as the Synergy method on MT4. Plot Wilder's twice, 1 with Price = high, 1 with Price = low. Length is 5. WILDERS SMOOTH MA.ELD
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.