Forex trading strategy #21 (Those 4 Indicators)
Submitted by User on May 26, 2009 - 22:17.
Submitted by Nariman Ghanghro
Hi guys,
I've been looking at this site and have gone through almost all of the Trading Strategies. I'm just new to Forex markets and previously dealt
with the Traditional Equtiy Market for a long time. Currently, I'm working on CFD (Contract for Difference) market where I buy and sell the
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Edward, Nariman or anyone..... need some help with the CCI for MT4..... the example screenshots from Nariman shows the CCI having histogram style bars..... I dont have those in MT4, its just a line..... is is necesssary to have the histogram bars? Or is it ok to simply wait for the CCI line to cross above or below zero? IF there is a difference and one needs to have histograms on the CCI, can someone post this indicator for MT4 on here please?
Just for information to all..... if you get the MT4 free demo version from www.alforex.com (its branded as AL Trade instead of Metatrader4), esssentially it is MT4, but they have EXPANDED it so that one can see the charts of the main US indices as well besides the forex charts. I find this great as I can then ave both forex as well as Dow JOnes, Nasdaq and S&P500 charts on one single platform, and I'm using various strategies on here on both currencies as well as indices successfully.
Anway, would be great if someone could tell me IF I have to have hostogram bars on CCI, and if yes, if someone could put a CCI indicator for MT4 on here that will show histogram bars please....... thankx Bharat
Bharat, I already asked guys about some indicators with histograms. It appears that we do not need histograms, just a line is enough.
I have these indicators:
FX Sniper's T3 CCI.mq4
WCCISqueeze v1.mq4
Regards,
Edward
Hi Bharat,
Sorry for late reply, I'm actually not an MT4 user and therefore have no idea how to setup CCI in MT Platform. As Edward has kindly supplied files, I'm hoping this will help you further.
Kind regards.
indeed a very nice confirmation system. i use something very similar however i don't use the stochastic crossing the middle as the last confirmation. it generally gets me into the trade too late. impressive system. it works well for me on the e-mini dow.
Sam from New Hampshire USA.
Thanks Sam,
I'm glad the combination is working well for you. Just wondering if it would be possible for you to share some charts with us which shows your entries and exits based on this particular (or the one you described) strategy.
THis system is just wonderful and should be applied as it is. I love simple system, particularly the MACD i let it go above 0 line then i watch other indicators. Cool work there
Ayobami
Lagos
Nigeria
When the MACD signal line passes the 0, it's sometime too late to enter a trade.. Right?
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