Many Thanks
Many Thanks and I really appreciate the help and effort. I'm going to test and play with now. I'll post a screen shot of my crazy charts and how I plan on using it.
Thanks Again
cool!, thank you very much
CCheers
Hi cja, try to set the Period to 90-100 & the extreme levels at 200/-200, this is the best results i can get from it, but i'll do more tests and see how is it going..
Thanks
Tell me please, how about trying method with stochastic? i think it will give better results then cci
Here's how I want to use the indicator
I'm currently using the stochcandle with a dual cci and a stoch set up, with bollinger bands set up as my buy/sell areas. I'm trading the strong oversold / overbought Signals when there in my bands buy or sell area's. I'm wanting the cci candle indicator to signal my slow cci extreams. Also I have a scanner set up to show my fast cci extreams/supertrend/bollinger band signals on mult currency's and mult time frames(The 2 small charts on the left chart). There's more to my rules of entry and exit, but just a rough idea what I trade
f4mnect, where did you find the stochcandle indicator? i did a search but could not find it anywhere, any chance to get it?
as for the cci one, i tested it abit more and this is the settings i use @ moment
P-90
150
-220
cja, what do you say about RSIcandle? if you have free time as i do ofcourse..
CCheers!
Here's 2 Different ones
Here's 2 Different ones I have. give them a try. Also I always change the colors, line styles and sizes and settings to fit my charts and what I'm trying to do. So I added my adapted 1 also. good luck and try them out, I use as a warning, not a entry or exit signal
absolutely brilliant!
Thank you both!
Any Time
Glad your happy, hope it helps your trading
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Here is the indicator as requested.
I have set the CCI Period to 25 & the extreme levels at 480/-480 perhaps you could let us know what settings you use to trade with.
For those of you who want to use this as a normal CCI overbought /oversold indicator set the levels to 100/-100 or 250/-250
cci_customcandles.mq4
CCI on this chart set to Period 35 levels 200/-200