Re: Simple Trading System

71
As much as I hate to spoil everyone's fun, I have to come out and say this RSI/CCI setup effectively repaints.

Take a look at the four pictures below to see what I mean. This is the 1-minute US30 with the RSI/CCI setup as described on the first post of this thread.
Notice the stark difference between the 3rd and the 4th picture with the red vertical line.

I don't know the inner depths of of how MT4 works but either the 5/10/50/55/90/55 lines or the CCI itself dramatically change depending on what is currently in your chart view. The CCI may appear to be in the 5-10 or 90-95 zone at first glance, but then shift towards being somewhere different as price action develops.

In the case of Pictures #3-4, you would have gotten eaten alive by mistakenly thinking price was in a sell zone.

How do I know this?

There's a popular MT4 mobile trading system on YouTube that makes the same mistake. I wasn't able to ascertain who the originator of this idea is, but it's gotten enough traction. People get duped because this glitch is not explicitly revealed in the videos, whether accidentally or intentionally.

Some examples:





I'd be interested to see if anybody else has noticed the same thing.


Re: Simple Trading System

72
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, then the value will go down at the higher range, or up at the lower range, and we will be able to spot the reversal over the trend line. In this case the CCI will not create new values outside of the current range, and no shift will occure. There are other methods to sport the reversal points, and as firesword noticed, the CCI confirmation is not the core of this system.
These users thanked the author AGG2024 for the post:
firesword

Re: Simple Trading System

73
TransparentTrader wrote: Wed Sep 03, 2025 2:33 am As much as I hate to spoil everyone's fun, I have to come out and say this RSI/CCI setup effectively repaints.

Take a look at the four pictures below to see what I mean. This is the 1-minute US30 with the RSI/CCI setup as described on the first post of this thread.

cci rsi repaint 1.jpg

cci rsi repaint 2.jpg

cci rsi repaint 3.jpg

cci rsi repaint 4.jpg

Notice the stark difference between the 3rd and the 4th picture with the red vertical line.

I don't know the inner depths of of how MT4 works but either the 5/10/50/55/90/55 lines or the CCI itself dramatically change depending on what is currently in your chart view. The CCI may appear to be in the 5-10 or 90-95 zone at first glance, but then shift towards being somewhere different as price action develops.

In the case of Pictures #3-4, you would have gotten eaten alive by mistakenly thinking price was in a sell zone.

How do I know this?

There's a popular MT4 mobile trading system on YouTube that makes the same mistake. I wasn't able to ascertain who the originator of this idea is, but it's gotten enough traction. People get duped because this glitch is not explicitly revealed in the videos, whether accidentally or intentionally.

Some examples:





I'd be interested to see if anybody else has noticed the same thing.
in previous posts i also highlighted the same thing but the author of this strategy dont depend on CCI he basically find previous high and low lets say 4 weeks and wait for price to react .. adding fibs numbers in price actions ..

Re: Simple Trading System

74
Добрый вечер.
Вот как альтернатива, не маштабируется
но как оно себя будет вести не знаю, просто подобрал
нужно протестировать
может автор системы одобрит
These users thanked the author lyo99 for the post:
firesword

Re: Simple Trading System

75
AGG2024 wrote: Wed Sep 03, 2025 2:51 am 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, then the value will go down at the higher range, or up at the lower range, and we will be able to spot the reversal over the trend line. In this case the CCI will not create new values outside of the current range, and no shift will occure. There are other methods to sport the reversal points, and as firesword noticed, the CCI confirmation is not the core of this system.
can we put 0 and -100 as levels in CCI indicator ? to make it work like RSI ?


Re: Simple Trading System

77
Piphunterss wrote: Wed Sep 03, 2025 3:11 am 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 range values, BUT the outside values from the preset range will be not visible. The author solved this issues with using the RSI indicator first, which has fixed range 0-100 by default, and then add to the same scale the CCI indicator that have floating scale. Now CCI is "normalized" to the range 0-100. If its lower value is -120 and the higher value on the chart is +230, then it will be artificially scaled to 0-100, that means when you see 0, that means -120 for CCI. But with the trend, the min and max value of the CCI expands and contracts, so all of the rest shifts as percentage values over the RSI. Not sure if there is a better solution to solve this. But as I said earlier, that is not a problem when expecting reversal, which reverse also the CCI values and there is no visible shift.
These users thanked the author AGG2024 for the post (total 2):
NikaFX, firesword

Re: Simple Trading System

79
Ok people. I have posted enough examples of wins and losses.
I presented the system as best I could, the rest is up to you.

For those of you still busting your head about CCI repainting :
Don't pay attention to CCI till the price gets into the zone.
Some days the market will drive right through the zone like it's not even there, CCI will not help you with that.
The price ranges or consolidates around 80% of the time. This system is designed for those times only.
When the zone gets broken, you ignore that pair or use your trending strategy for that pair.

CCI is just a momentum indicator, that's all.
You ONLY refer to CCI when the price gets into the zone, stalls there and starts to go sideways,
then gets out of the zone and heads in the other direction because the buyers or sellers are done.
Then you look for the break of the trend line and the momentum shift.
You can easily trade this without the CCI. Just draw a trendline on your chart and wait for the break of the line once outside the zone.
It is not that complicated as you'd like to make it.
Some of you have started picking apart the most irrelevant things about the system like the updating of the CCI?!
As the price moves so does the CCI. That's it's job - to follow the price not to tell you the future.
Repaint? No such thing. Indicators update according to price moving up and down.

You've all been so stuck on indicators you don't look at the price.
The price is your leading indicator!
You don't see the forest because the trees are in the way.
I look at the past 2 weeks high and low of the price as it gives me a picture of where it is cheap to buy and profitable to sell.
I don't care where CCI was 2 weeks ago!
Indicators can tell you that the trend is up and all the bulls in the world are storming up, but when there are no buyers left at the top
no bulls will push it higher. It will go only one way and that is lower down, and vice versa.

I am selling or buying close to the best price I can reasonably get .
You want to sell your walnuts at the fruit market when nobody is selling them and the price is at it's highest.
When everybody is selling walnuts price is too low, that's when you buy walnuts cheap and sell them again when nobody is selling.
I hope you get my analogy.
FX retail traders buy at the most expensive price and sell when the prices are at their lows, and why is that?
Because they follow lagging indicators and don't pay attention to the price they are buying or selling at.
Open your eyes traders.

Nobody can be told what The Matrix is. You'll have to see it yourself.


OK, that's it from me.
Stay well, stay healthy , stay happy and God bless you all.