CCI Expert, not a holly grail, but quite rewarding

[gazuz]

Updated should make more sense.

Very top are the open positions, the rest are the closed ones.

This is all demo trading but real time

[SJR3t2]

Originally Posted by gazuz

Updated should make more sense.

That is what I ment.

Steven

[Ravique]

I`m runnig the expert on 4 currencies, live demo. I hope it is ok. Sofar there where two ttrades today, first - 22 pips and the second one, which just closed is 93 pips. It went up to 130 pips, but then went down and hit the tstop.

[gazuz]

Ravique,

What are your settings used on the currencies?
I am currently using:

Stop Loss: 30
Trailing Stop: 60
No take profit
CCI Period :50

[Ravique]

I have changed only the CCI level to 50 , other settings remained as they were:
Stop loss: 60
T - Stop : 40
Take profit: 999 ( so basicly no take profit )

[Ravique]

Are you sure that the best CCI_period is 50? Becouse for example on eur jpy was january 7. Or maybe the time period is too big?

[gazuz]

I don't understand what you are trying to say. Are you using the H1?

I checked the EUR/JPY on January 7th, there was a good call there when it sold... Those 4 days were rewarded with 150 pips...

[gazuz]

I might also have to add that the take profits and stop losses that are default don't really mean anything. I'm sure they can be optimized. I have found that S/L of 30 and T/S of 60 seem to work pretty good avoiding the useless bounce that seem to happen sometimes

[gazuz]

Here's the January 7 trade on Hourly chart on EUR/JPY. I'm not sure what you were trying to say.

http://forex1000.com/cnet/jan7.jpg

[Ravique]

No, there was nothing wrong with the trade, i was just thinking about the charts, i thought maybe it would be better if the timeframe was smaller, say 30 minutes or 15. But now i see that there are too many whipsaws in that case there, so everything is ok. =) Sorry for not being clear.