Page 3 of 17

Re: Simple Trading System

Posted: Mon Sep 01, 2025 8:37 pm
by firesword
Jimmy wrote: Mon Sep 01, 2025 4:39 pm Because you edited your post to add it. So it won't display until a moderator manually approves the post.

New member's posts are checked first before they appear. We do this to combat spam and ensure files are safe.

If you check your post, you'll see the EURUSD chart now as Mrtools has just approved it 🙂
Well ,it looks like EURUSD chart I posted didn't make the cut.

Re: Simple Trading System

Posted: Mon Sep 01, 2025 8:41 pm
by Piphunterss
firesword wrote: Mon Sep 01, 2025 8:14 pm Try to use my template. Something doesn't look right there.
correct me if i am wrong CCi works on =plus 100 and negative hundred as potential OB OS .. so basically if we are suppose to sell on 95 level or so .. isnt the rule is same for market has to touch -100 level for oversold .. sometimes market do break down and stretch to extreme negative number lik gold is showing 200 values which is extreme stretch

Re: Simple Trading System

Posted: Mon Sep 01, 2025 8:44 pm
by Piphunterss
on 30m charts gold is showing the value of 265 with cci period 3500

Re: Simple Trading System

Posted: Mon Sep 01, 2025 9:34 pm
by firesword
Piphunterss wrote: Mon Sep 01, 2025 8:41 pm correct me if i am wrong CCi works on =plus 100 and negative hundred as potential OB OS .. so basically if we are suppose to sell on 95 level or so .. isnt the rule is same for market has to touch -100 level for oversold .. sometimes market do break down and stretch to extreme negative number lik gold is showing 200 values which is extreme stretch
OK, you have to go back to my 1st post and read it carefully . This system is for H1 only, since I don't trade lower I can't help you there.
The way you've set up your indicators on the chart is wrong. The order of setting up the indicators is explained in the 1st post.
Please read it again. If you don't want to use my template that's fine,
but reread the setup instructions carefully again. You need to place RSI on the chart 1st.

God bless.

Re: Simple Trading System

Posted: Mon Sep 01, 2025 9:38 pm
by firesword
Piphunterss wrote: Mon Sep 01, 2025 8:44 pm on 30m charts gold is showing the value of 265 with cci period 3500
This is what Gold H1 looks like on my MT4.
Again M30 is not my trading chart.

Re: Simple Trading System

Posted: Mon Sep 01, 2025 9:50 pm
by cladi53
Is this a correct entry?

Re: Simple Trading System

Posted: Mon Sep 01, 2025 9:53 pm
by firesword
cladi53 wrote: Mon Sep 01, 2025 9:50 pm This is a correct entry?
Yes, good entry. I got that one too 😉

Re: Simple Trading System

Posted: Mon Sep 01, 2025 10:30 pm
by Piphunterss
firesword wrote: Mon Sep 01, 2025 9:34 pm OK, you have to go back to my 1st post and read it carefully . This system is for H1 only, since I don't trade lower I can't help you there.
The way you've set up your indicators on the chart is wrong. The order of setting up the indicators is explained in the 1st post.
Please read it again. If you don't want to use my template that's fine,
but reread the setup instructions carefully again. You need to place RSI on the chart 1st.

God bless.
just to clarify we both are on same page i did attached RSI first and CCi on top of that ,, we both misunderstood i was talking about CCI reading though we market progress the part where u aid CCI has to touch RSI levels of 5 or 95 is absolute understood .

Re: Simple Trading System

Posted: Mon Sep 01, 2025 10:38 pm
by BeatlemaniaSA
Firesword,

How long have you been trading this way? It is so simple and effective. Crazy ;)

I have added your trading method to my Beats V5 system, and it feels like cheating now. :Rofl: :Rofl: :Rofl:

Regards,
Beatle 🪲

Re: Simple Trading System

Posted: Mon Sep 01, 2025 10:47 pm
by firesword
Piphunterss wrote: Mon Sep 01, 2025 10:30 pm just to clarify we both are on same page i did attached RSI first and CCi on top of that ,, we both misunderstood i was talking about CCI reading though we market progress the part where u aid CCI has to touch RSI levels of 5 or 95 is absolute understood .
Yes, RSI levels are 5-10-50-55-90-95. CCI line is only used as a trend reversal indicator, not the CCI indicator levels.
So when the CCI line touches level 5 ( for long trade entry) you draw a trend line connecting the swing peaks of CCI line. It is enough to draw a trend line connecting peaks below 50-55 level, no need to draw a line all the way from 95 level.
When CCI line breaks that trendline upwards you can enter at the open of the next candle, or wait for the price to break out of the zone. I like to wait for the price to come back into the zone or at least retrace to the upper zone vertical line (for longs, that is) before I enter a trade . Sometimes I'll enter at the touch of the 5 level, but I wouldn't recommend that et the start. That will come with time and experience using the system.

God bless.