I don't know if any of you have trades on CADJPY and AUDUSD but they are definitely in no hurry , especially CADJPY. It's been in a 30 pip range since yesterday. Accumulating to go one way or the other. I guess EUR and US news today will have to do something with that. AUDUSD is trending, not a ...

Thanks firesword for this system. Can you please confirm if it performs better on forex pairs than on commodities and indices? I already explained what to expect even though I didn't take even one trade yet using this system. There is a logic in everything. See the weekly chart for the asset you ...

can we put 0 and -100 as levels in CCI indicator ? to make it work like RSI ? The CCI indicator usually is within -100 ... +100 range, but often at extremes can go further below and above these boundaries. Answer to your question is yes, you can do that. You can set in the settings of CCI any fixed ...

I agree that the older value of the CCI will shift s percentage 0-100% when the current max or min CCI value goes outside of the current range that is virtually drawn in the range 0-100% of the RSI(1) which holds that range permanently. So, I think the idea was to use CCI only if there is reversal ...

Any indicator divergence might be used, or pure price action analysis at resistance levels to confirm a reversal, but that should well work mostly on currency pairs. They mostly range, but that is not guaranteed. So, it is better to take a look on the weekly timeframe first to see "the big picture ...

If you have a short trade, your 62,5% target line will be below 50% line. If you have a long trade, your 62.5% target will be above the 50% line. I perfectly know that. I did it for 10 minutes mostly as an experiment to see how it looks. Now I think I'll make it optional like the current 62.5 ...

I'm trying this system and I did two helper indicators. W2SYS is drawing the last 2 weeks high/low +/-12.5% and the Fib levels needed. Level100 is an CCI indicator holder instead of the tricky RSI(1) holder with constant value 0, with already set levels 5/10/50/55/95/100. That should help using this ...