First directory of Forex Scalping Strategies for trading. This is an great collection of Forex Scalping Strategies that Forex Strategies Resources share with all. Examples of Forex Scalping Strategies: Extreme Scalping Modified, Double CCI RSIOMA, Action Trade, SD System, Keltner Scalping, Precision Scalping, Scalping Retracement, Scalping Method, CCI Explosion and many mypictgallery.tk . First directory of Forex Scalping Strategies for trading. This is an great collection of Forex Scalping Strategies that Forex Strategies Resources share with all. Examples of Forex Scalping Strategies:I-Regression Scalping, Forex Profit Supreme, Ichimoku scalping, Alchemy, Keltner Scalping, TMA Scalping, Scalping Retracement, Scalping Method, ATR scalping and many mypictgallery.tk that many forex.
An aggressive way to enter the market is to react to CCI's line crossing its zero level. Vice versa, when CCI falls below zero, traders would Sell looking to benefit from early signals of an emerging downtrend. Hold on to a Long position, but prepare to exit as soon as beautiful tall candlesticks yield place to smaller reversal candles with long shadows and small bodies.
With what we know so far, we can already read and trade with CCI indicator. Let's walk through the numbers on the screenshot below:.
The moment it entered there, we could have placed a Buy order, since we know that a strong uptrend has been established. With CCI exiting from an extremely overbought zone is a perfect opportunity to initiate our first Short trade. At the same time, should we never witness CCI above , we'll be still holding our Buy position open, because CCI continues to trade inside an overbought zone.
So, the difference is whether there was a rise above or not. If we erase 2 event from the chart, we're trading in an overbought zone and continue to hold out Long position. We can open yet another Short trade. We can add up to a Short trade and hold till we find that CCI rises back above I do think you have seriously consider building this website, comparing to Babybips but I felt this is much better education than babypips.
I do like babypips. Please you can improve your website and I am sure more people will visit you. Thank you for your feedback! I'll do my best to improve it; just unlike with huge websites which have several people behind them, I'm working on this website alone. Thus, I admit I'm doing a much slower progress at the moment. Thank you for your support! I thought I would mention this site is very nicely laid out, and is a resource I think I'll be returning to frequently. This is my first visit.
I now understand forex indicators better. I'd need to make a separate page for it. I might be able to do it by the end of this week. Please check back later. Please visit new page with text-decoration: The choppy zone indicator I don't have, I'm sorry. I really like this indicator and see how useful it can be.
Should I be using or could I use it on the 15 and 60 minute chart? CCI can be successfully used across all time frames: What I noticed is that the longer the period the fewer occurences of divergence. That was very desirable to me. Divergence can cause problems for the success of the patterns, imo. This also presented more of an opportunity to enter with the trend. Also, the longer periods cross the zero line less frequently which more closely represents the REAL trend instead of an artificial CCI trend.
I find that crossing the zero line really is an attempt to change the trend in price. There are certainly exceptions to all these observations but fewer exceptions than using a straight cci14 which is very noisy. Well now to my current state.
I have the adaptive cci in operation and am using it. It somehow limits the min and max periods to 6 and Those can be changed but the reality is that the rest of the algorithm seems to keep the period within those limits.
I am really wanting the period to change to whatever the true cycle of the market is without those artificial boundaries. By the way, I should mention that in order for my approach to be beneficial in any way, the charting package must allow dynamic scaling of the cci panel. Otherwise, you could go to extremes and sit there for any number of bars. I have modified the adaptive code to allow a multiplication of the calculated period. So, as of this writing, I am using a multiplication factor of Mike, I set my limits to 8 and If you think about what the code is trying to do, it is just eliminating the cyclic content as it is detecting trend and slowly incrementing the cycle length upward as long prices lack cycle tendency.
It seems that no matter what time frame you are using there will be some cyclic tendency before 60 bars are reached. Also when the cycle comes back into play it will take longer to display the new cycles, especially if a couple of moving averages are used prior to the final cycle measure. The best that it can do is get in the ballpark of the developing cycle. It does on my tradestation code. Also, I have tradestation scale in the sub-graph to display the entire range that the CCI travels on the current chart, rather than limit it in any way.
When clear divergences do present themselves they are often more reliable than they are with the shorter parameter CCI. And thanks for sharing your posts. Thanks Doug…I understand your point about the cycle. The only problem for me is the divergence and as the CCI is designed that will always occur. How obvious is that? That finally caused me to think about the problem a bit differently. As a result, I thought how can I accurately represent price without having to look directly at price.
The answer came to me to use EMA with a period of 1. I put that up and liked it because there was no divergence. Go figure…Kinda liked that. Smoothed it out considerably. Funny that it has a CCI look which you would expect except there is no zero line. Now that gives me some indication of where entries might be. Then as another experiment based on this adaptive CCI study, I added a smoothing component to see what that did.
All I can say now is studying this adaptive CCI has really opened a new world to me in understanding and possibilities. We are in the process now of backtesting some entry rules. Again, thanks for all your input on a variable CCI. I hace had a. There are still a couple of bugs but they will soon be gone. If anyone wants this.
It will probably not be free but I can say that I will get little if anything out of it. It had not occurred to me that the period should be variable. I think that anyone who puts a dynamic CCI on his charts will immediately see the difference. Hi Doug — having experimented a with the variable cycle period on the CCI as explained in your article I find the results interesting to say the least.
Having spent some time with the WCCI outfit, an having heard the resistance NOW mantra on numerous occasions it is really interesting to it for what it really is. Having coded the Ehlers cycle determining period the following: The results of very small adjustments in the alpha parameter appear to have a huge effect on the cycle period determined. I find this fairly disconcerting, as it becomes hard to find a consistent relationship. The cycle period appears to be the exact inverse of what the WCCI club promotes 14p 5min or less, 20 for anything over 5 mins.
Generally it would appear that periods averaging around 50 appear fairly consistently on interday charts, while daily, weekly and monthly charts float around periods barring real chop. Is this consistent with your experience? I must say — the effect of the longer period is remarkable. Tony, I did have a problem with the alpha parameter adjustment, and for a long time used fixed CCI values of 21, 34, and In time I became for comfortable using the Ehlers formula without the need for the fixed periods, realizing that the Ehlers formula will never be exact but will get me in the ballpark of the most useful cycle.
And I do find on the intra-day tick charts the most common cycles seem to hover around 35 to 40 periods with brief excursions beyond 50 or so during trends, and the only time the cycle shortens to 14 is in chop.
The daily charts are much more consistent at between 20 and 30, as you suggest. Doug, I managed to get the Adaptive CCI working from the Ehlers book, but in order to smooth it out I am using the following statement:.
Is this the correct way to go about smoothing the adaptive CCI? I am currently using a value of 21 for the moving average as that gives me patterns that I can easily recognize and work with for trading. Using smaller lengths such as 5, 6 etc creates a lot of whipsawing to and fro over the zero line and makes it difficult to for me to discern the real longer trend.
Am doing this correctly? Your ideas on this would be much appreciated. Webby, Regarding the smoothing, thee is no right or wrong. I find a slight smoothing helps to draw my attention to patterns such as the head and shoulders, which seems to pop out much more clearly using the smoothed version, as does the tests of the zero line. With a short parameter there is some lag but not much, so it seems to be a fair tradeoff to make the indicator more clear.
I use the weighted average, but only a four period. I did notice that the formula you posted will double the scaling of the CCI, so the line becomes the line. Regarding using the 21 period parameter, I do like to look at a longer term signal line and 21 period is good for that, but sometime I use a 16 period.
I just use the tradestation exponential moving average function for that, and I plot it over the top of the smoother cci along with the histogram of the smoothed cci. But I find using a longer smoothing for the basic cci obscures the patterns too much.
Does anyone know how to get an anticipator on adaptive CCI? The issue is that often it is hard to tell what collor the adaptive cci histogram bar will end up being. While I love, and am grateful for, your insight into the Adaptive CCI, I absolutely cannot seem to be able to lay my hands on one, and am very jealous of you for having it.
Menu Skip to content. Doug, I want to first thank you for your clear work in de-constructing the CCI and in putting together a CCI indicator which is much more effective in giving an edge.
Thanks Doug for allowing these comments. Your effort has sparked much food for thought. Doug, I managed to get the Adaptive CCI working from the Ehlers book, but in order to smooth it out I am using the following statement: Hi Doug, While I love, and am grateful for, your insight into the Adaptive CCI, I absolutely cannot seem to be able to lay my hands on one, and am very jealous of you for having it.
Do you, or would you be amenable to sharing it? Even at a cost? Keen as all hell.
The EA also handles money management, news events, hidden stop loss, tak.
Os parâmetros de entrada: In finance , technical analysis is an analysis methodology for forecasting the direction of prices through the study of past market data, primarily price and volume.