Hi people, thought Id share this with ya. It works with ASI and CCI Crossover, and also makes it easier to find the current trend. Can be used short term and long term. Also use RVI ( Relative Vigor Index ) for scalping, give a sense of direction for the mini peaks and valleys. I use this Method, with my EA I made, that will make open trades each bar, so If I think its still going to follow the current trend, it works the flow of the market. The EA will also stop When it hits you total trades you need for the day. So if I think the trend will follow suit for a few hours, I Just let it trade, as I set it to Short Or Long trade only.
ASI- T-300
CCI- 30
RVI- 10
ASI indicated Extreme Low, Indicates reveral to Go Long Trades
ASI Indicated Extreme High, Indicates reveral to Go Short
Hey Super, I dont have anything like that, but doing it right now, up 75 pips in 2 hours, so not bad…
There are very important rules that have to be followed with this strat.
If you did what I said, by playing long puts when CCI is above ASI, then you would have caught the money train EUR/USD just minutes ago. Even tho, it looked like Shorts was on demand, the bucket had to tip, and I was ready for it.
Its very important you become one with the chart, and FEEL the flow. You HAVE TO BE READY before the tide turns…
also, you have to watch for the extreme Tops and bottoms… When all the Indicators are in a tight group, big swing coming.
All at top, iminent drop coming, All at bottom, iminent jump coming.
Playing the RVI is important for the scalping part. When it desends past 0.00, take profit on open trade, then wait for the extreme bottom of RVI, then go long, then exit on 0.00 cross again. But knowing the strenth of the current TREND, and playing tops and bottoms is major, JMO.