CCiPP Trading (CCiPP Trading) | Forex indicator download- MT4/MT5 resources- MetaTrader 5 resources
CCiPP – CCi Price Prediction
Dear Trader,
I would like to share with you my CCi trading strategy. I use it to predict prices. Sound interesting? Yes, it's interesting. I'll show you some examples of how to trade successfully using this system and use TP on all your trades!
but! I need your help too! I would like to invite you to join this thread and trade this system and put your charts into it so that we can share our ideas and experiences. We may discover better models and techniques to find more deals.
There is not much trading with this system but it can be used on any currency pair and I would say any time frame, however, in order to make decent profits I recommend using the H1/H4 time frame. It also works well on a daily basis, but there are very few trades and the candles can be quite volatile.
Enough nonsense, let’s get down to business.
This is the rule.
All you need is a clean visible chart using CCi 14 - using "Close Price" calculations.
The next step is to look for differences. What is divergence? When price moves against the indicator, you'll see it in the chart below.
You need to make some settings for the CCi - set the horizontal lines of its spectrum - you will need +/- 200, +/- 150, +/-50 and 0.
To make it faster for you, I've attached a template file so you don't have to go through the trouble of setting it all up yourself.
So, how do I find deals. I need the CCi to be very high or very low, meaning above or below +/-200. Then I have to wait until my CCi reaches +/- 50, it doesn't matter where my price is. From now on I need my CCi back to extreme. Best case scenario is CCi above or below +/- 150. My price must be in divergence at this point. with my lower highs or lows (+/- 150). My price must have a higher high or a lower low.
That’s where I got into my industry. Where is TP? After reading the title of this topic, you may ask. The target price is where my disagreement begins. See the closing price of my first extreme high or low candle. But if you look at the chart, you'll see.
Stop loss? It's up to your own judgment, but I recommend a stop loss of 1/3 of the target price. So if my price is 100 pips away from my target price, then I set my stop loss at 30 pips. It depends on how much risk you take on your lot.
Now comes the hard part. So, we have rules for how and when to get involved, but we don't have a part about when not to get involved in a trade.
standard:
- If my price does not touch or does not exceed +/- 50
- If between my two highs or lows, CCi crosses or touches the 0 line
*I would say that if the second low or high is not close to or above +/- 150, this may be the criterion to not enter the trade, but many times a clean peak or spike in CCi can be used. I think we should get more experience in this and figure out the best approach together.
Let's look at some examples.
First example. What you see below is a great example. It explains why standards are important and what happens if everything matches. You can also see the TP level. The first TP1 is the closing price of the candle where the diver started. TP2 is the opening price of the same candle. I recommend that you target 75% of your trade breakeven points as TP1 and keep that breakeven point so that you can potentially reach TP2. Why? Because you are entering a divergence that is already signaling a price change. In many cases, the price will return to the opening price of the candle. However, this is only one option for your breakeven, but our main goal is achieved. Everything after that is just extra. If it doesn't or returns to its direction, you can close the position by 25% and still make a profit. I would also recommend placing your TP about 5 pips ahead of your TP, just in case your spreads might be higher, and also for safety reasons.
Second example: Here you can see another example. It shows that the price has just returned to the same price it was at when the divergence began. As you can see, TP2 was not reached, so that's why I said TP is only a possible target for breakeven. But as you can see, our main goal was achieved and we did a great job.
Third example: Here you can see a USD/CHF chart. This is a similar example to the first, just to illustrate why it's important to hold ourselves to standards.
That's it for today, I'll post more examples tomorrow evening. To practice, download my template and look up these patterns and see for yourself how it works. I'm very interested in your review.
One more thing! Please note that you trade at your own risk. My system only shows me how to trade. If you copy this method, you do so at your own risk. As always, start testing on the demo!
! ! ! ! renew! ! ! !
It was revealed that for a successful pattern, you need to see a hidden divergence in the pattern that will drive the trend you are in and push your price higher, creating a new peak that will be lower due to this divergence!
If you see convergence between two peaks, you may be breaking the pattern. See more on page 2.
Thank you for your attention
Mihaly
Dear Trader,
I would like to share with you my CCi trading strategy. I use it to predict prices. Sound interesting? Yes, it's interesting. I'll show you some examples of how to trade successfully using this system and use TP on all your trades!
but! I need your help too! I would like to invite you to join this thread and trade this system and put your charts into it so that we can share our ideas and experiences. We may discover better models and techniques to find more deals.
There is not much trading with this system but it can be used on any currency pair and I would say any time frame, however, in order to make decent profits I recommend using the H1/H4 time frame. It also works well on a daily basis, but there are very few trades and the candles can be quite volatile.
Enough nonsense, let’s get down to business.
This is the rule.
All you need is a clean visible chart using CCi 14 - using "Close Price" calculations.
The next step is to look for differences. What is divergence? When price moves against the indicator, you'll see it in the chart below.
You need to make some settings for the CCi - set the horizontal lines of its spectrum - you will need +/- 200, +/- 150, +/-50 and 0.
To make it faster for you, I've attached a template file so you don't have to go through the trouble of setting it all up yourself.
So, how do I find deals. I need the CCi to be very high or very low, meaning above or below +/-200. Then I have to wait until my CCi reaches +/- 50, it doesn't matter where my price is. From now on I need my CCi back to extreme. Best case scenario is CCi above or below +/- 150. My price must be in divergence at this point. with my lower highs or lows (+/- 150). My price must have a higher high or a lower low.
That’s where I got into my industry. Where is TP? After reading the title of this topic, you may ask. The target price is where my disagreement begins. See the closing price of my first extreme high or low candle. But if you look at the chart, you'll see.
Stop loss? It's up to your own judgment, but I recommend a stop loss of 1/3 of the target price. So if my price is 100 pips away from my target price, then I set my stop loss at 30 pips. It depends on how much risk you take on your lot.
Now comes the hard part. So, we have rules for how and when to get involved, but we don't have a part about when not to get involved in a trade.
standard:
- If my price does not touch or does not exceed +/- 50
- If between my two highs or lows, CCi crosses or touches the 0 line
*I would say that if the second low or high is not close to or above +/- 150, this may be the criterion to not enter the trade, but many times a clean peak or spike in CCi can be used. I think we should get more experience in this and figure out the best approach together.
Let's look at some examples.
First example. What you see below is a great example. It explains why standards are important and what happens if everything matches. You can also see the TP level. The first TP1 is the closing price of the candle where the diver started. TP2 is the opening price of the same candle. I recommend that you target 75% of your trade breakeven points as TP1 and keep that breakeven point so that you can potentially reach TP2. Why? Because you are entering a divergence that is already signaling a price change. In many cases, the price will return to the opening price of the candle. However, this is only one option for your breakeven, but our main goal is achieved. Everything after that is just extra. If it doesn't or returns to its direction, you can close the position by 25% and still make a profit. I would also recommend placing your TP about 5 pips ahead of your TP, just in case your spreads might be higher, and also for safety reasons.
Second example: Here you can see another example. It shows that the price has just returned to the same price it was at when the divergence began. As you can see, TP2 was not reached, so that's why I said TP is only a possible target for breakeven. But as you can see, our main goal was achieved and we did a great job.
Third example: Here you can see a USD/CHF chart. This is a similar example to the first, just to illustrate why it's important to hold ourselves to standards.
That's it for today, I'll post more examples tomorrow evening. To practice, download my template and look up these patterns and see for yourself how it works. I'm very interested in your review.
One more thing! Please note that you trade at your own risk. My system only shows me how to trade. If you copy this method, you do so at your own risk. As always, start testing on the demo!
! ! ! ! renew! ! ! !
It was revealed that for a successful pattern, you need to see a hidden divergence in the pattern that will drive the trend you are in and push your price higher, creating a new peak that will be lower due to this divergence!
If you see convergence between two peaks, you may be breaking the pattern. See more on page 2.
Thank you for your attention
Mihaly
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