Turtles CCI

[praveen taneja]

A trasde on NIFTY

can i watch CCI w/o watching chart

 

[rajputz]

 

[rajputz]

Thread dead...everybody find it hard to follow

 

[darkstar]

Chart of ABB fullfilling the conditions required....

rajputz ji which software u use for TA pls provide link also

 

[rajputz]

rajputz ji which software u use for TA pls provide link also

its amibroker...

 

[crown]

Thread dead...everybody find it hard to follow

rajput bhai
ye baat bilkul sahi hai
itna asaan agar hota to baat kee kya thi
personally (though I have no good knowledge of TA), I found this system is best and quite logical.
It has momentum which is the initial and crucial ingredient for judging the pace and strength of a move in a specific direction.
Then it also has LSMA, which helps in deciding the direction
Then it also caters to the time taken within a specific range, which to me is quite appealing and logical too.

I am still trying to grasp its application in a way, it melts into my mind and I can apply it as quickly as possible without getting confused.

Till then, I will be using my Tukka technique in the guidance of Praveen bhai.

 

[rajputz]

Well it is total mechanical System i have found. Just check momentum on CCI at the pivot break time and few other rules. All set.

Logic is quite simple. Price goes higher or lower by breaking the pivot high and pivot lows. Well lets c. This is my intraday method. And will keep working on it.

 

[chintan786]

Hi Raj.. if someone wants to use this on Eod timeframe then what can be possible rules... other than setting CCI parameter to 20 from 14...

Thanks

 

[rajputz]

Hi Raj.. if someone wants to use this on Eod timeframe then what can be possible rules... other than setting CCI parameter to 20 from 14...

Thanks

None. Same rules. What works on lower tf works on higher tf also.

 

[rajputz]

salutes to rajputz,
can we apply this syystemn to a particular scripts such as bank nifty for intraday if so please provide a backtest report i thinkso u r system would give a consistent profit when compared with other systems but the trading opportunity is very less
any how salutes u for the great sysyem

Yes. this is the drawback...there can be less trades. Thats y i track high volatility stocks only....with instant volume execution....there it give little profit, big profit or exits at par....at adverse market condition can give loss....like a fell on 5 minute candle and suddenly a rise after that....where all technicals fail...otherwise risk reward is good....