My GF was binge watching netflix, found this channel binged watch VP
@bradleyt5 жыл бұрын
Jeff Enriquez LOL 😂
@mdougf5 жыл бұрын
lmaaaoooo; love this
@ernestinagalvez82995 жыл бұрын
Jeff Enriquez cu
@TheInfnity4 жыл бұрын
Any girlfriend will always be back, once you do what VP says, 'cos money is a chick magnet....
@primoamoroso28145 жыл бұрын
I'm a funded prop firm trader now because of you VP thank you 😭(tears of joy)
@NoNonsenseForex5 жыл бұрын
Victory!
@sleepykoala50065 жыл бұрын
What platform do you use? I am looking for a good prop fund for forex
@primoamoroso28145 жыл бұрын
@@vastenvironmentsI have started late September last year. I gave my full time dedication of learning since I have read all of robert kiyosaki's books. then I found no nonsense forex I watched and listened repeatedly to vp's podcast and videos. I become so obsessed. most of my freetime I did a lot of backtesting in different settings until I have finally completed my algo. most important for me is the money management you must be flexible to the firm's parameters. i did fail 7 times on test time. being persistent what matters most. keep failing and learn from your failures. I learned the painful way. it is all worth it!
@eedjj91524 жыл бұрын
Please, can you tell me how it actually works? How can I apply? How much is the capital which a trader can trade with? How much can a trader earn? Thanks is advance. I wish you sucess.
@dehash6664 жыл бұрын
How you doing a year later?
@shreyas.kulkarni4 жыл бұрын
This seems to be an exception in his video series. This is one video where I think he has got it wrong. He entirely focussed on using CCI for entry confirmation, and then trashed it saying it's made for commodities/stock-futures, not for forex etc etc. But he seemingly missed looking at it from a continuation indicator. In the very charts he has shown, there are valuable continuation signals CCI is giving, that would have made a lot of money. Go figure.
@user-wv2cg2mr3w4 жыл бұрын
My thoughts exactly!
@NankaNemo4 жыл бұрын
Yeah...there are entries based on CCI trend-line break and Failure-swing patterns in this that would be quite profitable.
@jlrespicio4 жыл бұрын
Same.
@cbhagen66964 жыл бұрын
i beg to differ, its got too many false signals... as a trader you dont need an indicator that reacts on nearly every candle difference... that can affect your overall trading psych... thats what i picked up
@kingwilly80413 жыл бұрын
Agreed. Indicators are just mathematical formulas (usually calculating price). It doesn't matter what they were "designed" for.
@wingnut42174 жыл бұрын
You can find something that works in everything, even the swiss knife had a good bottle opener.
@toml9742 Жыл бұрын
It works well on a fast chart like 5mim with a slow setting (30 to 50) and use it to assess momentum and divergences
@anabatta70195 жыл бұрын
watched hundreds of channels all the same .. trading fundamentaland, technical, CCI, Fib, Elliot's, RSI, u name it, compined or separet, even complicated patterns. and you get 4 or 5 losses to get 1 win.. All that "it's an art not science" shit,, no, simply this way is for retailers.. bumping small ammounts to the big banks bockets. and then comes VP , suddenly it makes sense. for first time in years i got the edge, a chance to win more than lose, thanks for every video, blog , podcast, tweet, every minute you spend to share your priceless experiance.
@scottbeck72274 жыл бұрын
When using the CCI its all about the subdivision of time frames and using a moving average like the 13. When finding a start of a new daily trend you have to go down to the 4HR CCI for the entry. CCI on the 4HR will cross over from -90 to +90 when the daily candle on daily chart is going through the 13 MA long. CCI on the 4HR will ride the top of the cci indicator until the daily trend is finished and then cross over to -90. This is the start of a new daily trend going short. The 4HR gives you daily trend starts, the daily cci will give you the start of weekly trends and the 30 min cci will give you 4HR trends. I've used this for years and it works great.
@adkest99144 жыл бұрын
Thanks for sharing
@royskip81933 жыл бұрын
Totally agree..this indicator works wonders on a certain period setting, a specific TF, and the right indicator to pair it with..don’t use this with just pure price otherwise this could be misleading..
@xkrez83443 жыл бұрын
do you think it can be used for scalping 15 sec? im testing it a little bit right now and this shit looks like black magic, its giving me entries at the perfect peak of a pull back in a trend and in the majority of cases i can set a RR 1:5 or something like that, but anyway im gonna keep testing it **edit** im scalping in futures MNQ so dont worry about spreads and all that shit
@ovezrezamerchant87792 жыл бұрын
Pls share settings for intraday
@theanomalysubliminals50083 жыл бұрын
your right vp it makes a ton of sense. Not only does the overbought/oversold concept prove futile to currency trading, but the standard deviation factor thats calculated with the cci would cause so many whipsaws that retail traders would not only give them mixed signals, but provide opportunities for the big banks to slaughter them.
@vincent_a45644 жыл бұрын
VP is great...but...when I saw this 9 months ago, I threw out the CCI without ever using it...have since come across a way of using the CCI as a continuation indicator that works brilliantly. Just like he says about tweaking, I think many indicators can be used successfully if you take the time...the dirty dozen he rightly describes are pretty poor if used the way most use them, but there are many other ways that work well.
@rombusworkmoney228 ай бұрын
Using it to spot divergences is also a good method to catch large moves.
@navketan1965 Жыл бұрын
Sir, In forex pairs SPREAD TRADING do you recommend use of CCI (say on1H chart--cci 7,cci 14, cci30,cci50 values & add all these values on each pairs to spread & compare overpriced/underpriced leg).The pairs got to have correlations of at least 90%(say aud/usd &nzd/usd--aud/jpy &nzd/jpy--eur/jpy & gbp/jpy--gbp/aud & gbp/nzd etc.).Sell the overpriced & buy underpriced. This would give trader starting edge, staying power, size choice & risk control. You would be comparing deflection of prices summed up on multiple time frames(added up/robust) for asset A & B. Your wisdom is appreciated
@oliverli96305 жыл бұрын
Man, programming is the new fundamental literacy indeed
@basementrocker27645 жыл бұрын
Hey VP! You should do a podcast about hindsight in forex, it is a nightmare to deal with when you are just starting out. I spent 2-3 yrs just to not think «i should have done this, should have done that». Would be interesting to hear your perspective on hindsight, and how you deal with it. I bet psycology will not be as popular though. Have a good one, man👍
@doncollins77435 жыл бұрын
I used it when I was first making a system to tell me my bias, it worked ok as compared to what I had been doing....below the 0 line short bias, above long bias and it helped me find my current indicator that does this as I compared the two and go better
@georgegonzalez20665 жыл бұрын
VP, I am grateful for your generous sharing of forex trading knowledge without any BS (Bad Science). May you be rewarded a million fold!
@coachsalim47002 жыл бұрын
CCI is the best indicator in Fx, I have a strategy built on CCI indicators only and its great. I have tried alot of indicators RSI, ichimoku, Parabolic sar, MACD, stochastic, Moving Averages, ATR, Supertrend etc.
@MephLeo4 жыл бұрын
The Swiss Army Knife was invented in the late 19th century as lightweight utility tool for soldiers that already have to carry loads of equipment, march long distances, dig trenches, etc. It has little value to an overly excited teenager that just wants a knife to vandalize tree trunks. Kinda like the CCI in modern trading.
@toutl5 жыл бұрын
there is nothing wrong with the CCI indicator. All it does is take a standard MA line from the chart and plot is as an oscillator. The zero line then equates to price. Everytime the zero line is crossed it simply means the chart SMA is getting crossed by price action. The extremes of the oscillator therefore indicate extreme deviation of the chart SMA away from price and therefore indicate a 'possible' reversion to mean price. So the comment that its a 'commodities related indi' is null and void. It simply charts price-SMA relationship. A more useful way to use it is as a confirmation of existing trend and reentry into trend rather than a reversal indi
@scur3D5 жыл бұрын
Fully agree. I successfully use the CCI with custom settings on a lower time frame. Unfortunately using the CCI with a period of 14 on the daily chart and not using zero as a reference is not going to work. I'm still waiting for some of the theory to be shown on a live chart.
@Ranteray5 жыл бұрын
I agree.. I use 2 of them together and with different settings and it works!!
@ovezrezamerchant87792 жыл бұрын
Pls share settings
@nDman5 жыл бұрын
CCI is a trend continuation confirming indicator not a reversal point detector (it can make warning about it).
@lenardlontoc35855 жыл бұрын
Check this out. I have tested this VP and I think it works as a 0 indicator. Try this at a setting of 7, use the zero line, when the RVI turns, and when CCI crosses 0, take the trade. Tell me what you think....
@brown_shark7065 жыл бұрын
I use CCI as my exit indicator I my own way. I'm very happy with it.
@Ranteray5 жыл бұрын
with how many periods? I also like CCI a lot..
@jimbob36405 жыл бұрын
how do you use it as an exit indicator?
@Subliminal-b5s5 жыл бұрын
I think that every person sees the market from a diferent perspective
@rady09104 жыл бұрын
your best Exit is your best reversal..
@tmaquet4 жыл бұрын
Using it as a confirmation indi with 40 periods. Happy as well.
@vitelot5 жыл бұрын
There's another way to use it, though there exist better options for that too. One can use it to spot momentum decelerations, aka divergences. In the EURUSD chart you show, I noticed by eye 3 trades based on divergences that seemed profitable. The point is that for most newbies it is hard to spot divergences and no simple (i.e. free) indicators exist to help them.
@luisc13695 жыл бұрын
Sadly youre preaching to the wrong quire
@K43TOC4 жыл бұрын
Cci...The MASTER indicator...if you know how to use it.
@Abbasgann4 жыл бұрын
@Lalchhanchhuaha Hmar can i know wich cci period u use and levels
@Ranteray4 жыл бұрын
@Lalchhanchhuaha Hmar indeed.. I even use 2 CCIs.... VP doesn't really know what it can do... that is a Very good indicator.. one of the best..
@adkest99144 жыл бұрын
Awesome indicator to spot bottems and tops but not stand alone.
@1xxcamden10 ай бұрын
Best indicator absolutely
@1xxcamden10 ай бұрын
CCI is best used as a TWO LINES CROSS. Do TWO CCI indicators in the same indicator window. Use with 100 & -100 LEVELS
@craigsmith273610 ай бұрын
I'd be interested to see results for this one in your Indicator Profile Series...as perhaps a Zero Cross
@zaingazi35482 жыл бұрын
I saw a guy explain that if you make the cci centreline a 20ma then it becomes a bollinger band. He was right so I stopped using cci.
@petereastman26635 жыл бұрын
Thank you VP. I have viewed all of your vlogs. You are great. I have learned much from you. Big Banks and ATR have helped me. My trading has improved. I have started reading Mark Douglas. I have psychological problems trading. Mark has helped me. He does have a few vlogs. He has two books that are available. I have ordered both. Mark Douglas died a few years ago. VP, you are great.
@alanmorrison10583 жыл бұрын
If you like the CCI, research the Woodies CCI.
@mohammedalsenan24333 жыл бұрын
After consuming all the money management and trading psychology, here I am focusing on the technical analysis .... Can't wait to finish this playlist too as every content open our eyes to something will immediately improve our trading .... Thank you as always VP
@sheilamaina86415 жыл бұрын
I came across 1 of your videos by chance recently and I just had to look for the rest! Humorous, very informative and straight to the point. Kudos.
@pkealoha765 жыл бұрын
Your intelligence, wit, and humor is mind boggling. I listen to certain ones over and over again just for comic relief. I also love the repitition of memes you use. I now use them myself! If I ever see these people in person it'd be like seeing my doppelganger! I'd die laughing & would cease exist. Anyhow, I am actively building my algo on Renko charts, taking it slow, actually enjoying the journey. Nothing but love. Thank you VP so much!
@desdog1002 жыл бұрын
through the zero line for entry..every trade would be a winner on your example
@willayc15 жыл бұрын
The only problem is there's so many other indicators out there..to thoroughly test them all out and the possible combinations of them could take an ungodly amount of time. And time isn't something many folks have much of these days.
@yumzeezltd2745 жыл бұрын
I appreciate you stimulating the brains. People would learn more if they try to question what you say even more than you question the norm.
@ecryptomillionairek30825 жыл бұрын
what are the good indicators for forex then ... ?
@alldetected31065 жыл бұрын
You have to look for them
@eye44942 жыл бұрын
Using it as a zero line cross with a moving average? 👀
@diogofernandes80374 жыл бұрын
I use CCI zero - cross 2º Confirmation and he is good, any sugestions to test another indicator?
@CoexistenceSteven4 жыл бұрын
Hey VP, when you trash these types of indicators does that make them a complete write off? There's some like MA where you mention a saving grace, but not for the CCI - but is it still possible to find decent indicators that will have elements of the CCI within it and / or mixed with others?
@CoexistenceSteven4 жыл бұрын
kzbin.info/www/bejne/eZ6qYpavid1-las Sorry VP, I jumped the gun.....
@daveliane15 жыл бұрын
VP I think you may have missed it on this fantastic indicator. I use it as a divergence indicator. When it reaches an overbought/oversold area and check your divergences... you will kill it with this Indicator.
@NoNonsenseForex5 жыл бұрын
I hope you do! I just think there are better options.
@luqmansumra92774 жыл бұрын
What's the best option to use instead of CCI
@NomadMan314 жыл бұрын
VP i'd beg to differ... only when it comes to Renko charts is the CCI (and its variants) a viable indicator, only when used for Zero Line crosses.
@hali23755 жыл бұрын
Daaamn vp, last time I checked you had 49k subscribers... Man is on 102k!
@Gaz1892a5 жыл бұрын
Oooof vp, first vid I have to beg to differ, my stripped down rebooted pimped up cci is killer! You could argue it’s no longer a cci 🙈😂
@dimitarminchev75205 жыл бұрын
great video once again VP....Don"t stop to educate the world with your financial FOREX wisdom.The people need you!!!
@venomq24095 жыл бұрын
The last point on the "In Conclusion" slide summed it up for me VP. That is where I am currently, this has become the best addiction I've ever had and lord knows I've had a few. Up until I had found your channel I was skeptical that a system could be put together as a constellation of technical indicators to trade successfully in spot forex. Never too proud to admit when I am wrong, and boy was I. To anyone else who has not begun the search, do not put it off any longer, you are just adding more time to the difference between now and when you have your system assembled. It will be harder to stop searching than it will be start, but that is another thing altogether. GGI.
@rafaeljonathan64435 жыл бұрын
Hi, I'm A new Trader, Lately i try to find how to trade H4 only by my phone, i used this CCI with specific method, and yes i use it as zero line indicator, combining with base line method given by VP, it gives me a better profit than i used to, and for trading only with cell phone i think its quite okay, do i win big, sometimes, can i win bigger, that is what we want to achieve here, but for me testing a new method, i used my CCI method as a minimum benchmark for achievable profit. but at the end, what can you expect from using cell phone for FX trading? if you got profit consistently no matter how small it is, you have to be gladful for it because you are using less than good indicator. and thank you VP for giving me perspective how to use indicator, don't use indicator because the internet tells you, but look back into your method, what this indicator can do for you with your method.
@NoNonsenseForex5 жыл бұрын
You're gonna need a laptop or a tablet if you want to trade our way. No way around it unfortunately.
@rafaeljonathan64435 жыл бұрын
@@NoNonsenseForex yes i agree, its a must
@euannaude33885 жыл бұрын
I use the CCI set on the zero line with 80% success in July on live trading find I miss trades ....but flat line on the zero line keeps me out of losing trades
@devonbernritter16365 жыл бұрын
Anyone else have their heart drop into their shoes when the title of a video is an indicator you're using? 11:35 actually hurt. Thanks for that. In my defense, I'm using a MAC and can't get MT4 to work without wanting to smash my computer and punch myself in the face. And, I'm using it as an exit indicator. You didn't say that sucks so I'm going to call it a win.
@NoNonsenseForex5 жыл бұрын
Plenty of people get it to work in some way. I just think there are better options worth exploring.
@collegecall0075 жыл бұрын
Is CCI good for stocks and options?
@TeeN24104 жыл бұрын
Zero line cross is just like a moving average crossing, it's only good to just confirm trend direction. But it's also dump
@visionsdb66955 жыл бұрын
What if you were to track ones currency momentum individually and another currency momentum individually and use it as 2 line cross for signals? Is there such an indicator?
@agentmma5 жыл бұрын
Do you use trailing stops in No Nonesense Forex ? I didn't see a video for that in any of the playlists.
@mansourar35544 жыл бұрын
If you are one of them who says CCI is trash then you must be aware. Your failure isn't people's. It's my greatest indicator ever. Why?? Coz I've got a brain and know exactly how to use it. BTW:you TERRIBLY misinterpreted CCI signals. Just the Opposite way I'd say! :D
@KingPeanutAndTaz5 жыл бұрын
I have been pairing the ATR with CCI with success. But now after seeing this video I want to start looking at alternatives
@keithaar625 жыл бұрын
Excellent video.. it’s not until someone points all this out how stupid you feel ..I’ve got indicators for my indicators 😩 but I do try to find others now after watching these vids .. cheers 🍻
@justincross12475 жыл бұрын
thanks for your videos. even though i don't trade forex, only equities your videos helped me take the step of coming up with an alert based trading system. up until i started watching your videos 2 weeks ago i just traded on my feelings basically if something is oversold or overbought and i've been losing money for the past 2 years. now i found a platform that allows me to do backtesting of indicators on different timeframe to find what works and what doesn't. i thought it would be easy but so far i've spent about 24 hours in the past week testing different combinations. found some good stuff and alot of crappy stuff but nothing that satisfies me yet. In the backtests i keep getting chopped up in sideways markets. Will keep trying though, not giving up until i find a true winner.
@kasunfernan32845 жыл бұрын
sir, can you tell is there any indicators newer than dirty dozen and can you do a video about binary options trading(1 minute trades etc)
@scottyguy4015 жыл бұрын
I'm wondering if adding a zero line, if this indicator could make for a decent exit indicator. I'm gonna go see if there's anything that can be salvaged out of this indicator. It did pick up some of those reversals pretty well, but definitely not up to my consistency standards.
@brosjackchin18693 жыл бұрын
Cci good for swing trade n continuation trade as well . unfortunately many use it the wrong way ...
@oleksiynovak93625 жыл бұрын
Hi VP, just want to thank you for all you have done for us. Since April, I devised my very basic trading algorithm (2 actually). I'm forward testing both of them right now and after 4 months already have a 20% ROI on both. Best part? I only spend 20-30 minutes a day managing these. I will continue test this out for 1 year and cannot wait to see what my final result will be with the two systems. You are a gentlemen and a scholar. Thanks.
@BarryFence Жыл бұрын
Hi Oleksi, How did this work out for you?
@elwoodpalmer7203 жыл бұрын
it might work better with Renko bars with a different setting like period 45 and -60/+60
@Stefan7kk5 жыл бұрын
I don't know your name so I will call you forex angel. Man, I don't know who sent you from heaven but I found your channel yesterday and I have been watched already 20 or more of your videos. I am grateful for what you doing, I just started this with all of this. I am in some points like you. ''Working for someone else who thinks he knows more than me and tells me what to do is not for me, I'd rather spend all day (that's what I do) watching and reading, take notice of people with trading skills. And you are the one who will probably save me all those fails I would make and the years I would spend on not learning it all right. I just want to thank you, forex angel, :)
@NOMOsman-wv1fq5 жыл бұрын
Hi VP , again and again you are great , every video you post is ultimately valuable ,You are totally correct I have used CCI before long time a go and I found it is a waste of time . Thank you very much .
@applyingpressureeveryday6 ай бұрын
3:00 So is it perfectly fine to use trading gold??? Because that’s my main pair, the biggest commodity. I hate forex pairs, genuinely.
@applyingpressureeveryday6 ай бұрын
Gold as in XAUUSD. Gold vs USD.
@applyingpressureeveryday6 ай бұрын
Nevermind I made my own conclusion.
@NoNonsenseForex6 ай бұрын
You can use it wherever you want, but there are far better options out there for you.
@JustoShowCartoons5 жыл бұрын
Another gem from VP. Good stuff!
@joshuapayne29225 жыл бұрын
Plz god can you upload in 720p? At minimum? Its current year, 1080p is the new standard and 480p makes the charts hard to read, even on a small screen such as my phone
@trader2.0945 жыл бұрын
VP I can never thank you enough🙌.
@azidsanu46865 жыл бұрын
Thanks VP another brilliant video I Agree on fundamental you don't really have to understand it BUT If you do it will allow you to grab some big big pips time to time Just closed a sell position today on GBPUSD got 400pips I would have taken profit long ago but because of fundamental I held on (I think GBPUSD could come down more And make new all time low) If I see a pullback and the fundamental has not changed I will re enter
@gregmorgan2917 Жыл бұрын
On the example if you had traded through zero cross over you would have done very well. Why didnt you try that ?
@NoNonsenseForex Жыл бұрын
Because most people don't. I needed to break people of bad habits before I introduce a brand new system. Using as a zero cross is an improvement, but there are much better options.
@kuchikopi695 жыл бұрын
Indeed, testing indis is fun. We are bound for glory!
@diamondken56025 жыл бұрын
Your videos are just too revealing, you just updated my database about the CCI. Thanks a million VP
@ethanduarte21315 жыл бұрын
Any indicators for staying out of consolidation periods or avoiding an upcoming consolidation period?
@NoNonsenseForex5 жыл бұрын
Volume/volatility indicators
@minglam51454 жыл бұрын
Have anyone tried using 50 setting on CCi? I am using it together with ADX works very well.
@Ranteray4 жыл бұрын
I use it.. it works also very well for me.. VP doesn't know all the possibilities..
@adkest99144 жыл бұрын
What are your rules?
@rkatz05 жыл бұрын
CCI happens to be one of the 12 I have not been using, I try to use them all. I will need to do a CCI study and see if I can work it in, thanks!
@andrewantonios58275 жыл бұрын
Hey VP Thanks for the CCI.....anything for these flat markets? EVZ hasn't pushed past 8 in nearly 2 months, bar two days... not much happening in the way of trading :(
@NoNonsenseForex5 жыл бұрын
The Dead Markets video has the blueprint, if you can call it one.
@wilverrodriguez68102 жыл бұрын
Please show how the CCI don't work on stocks
@SimpsonAntonio5 жыл бұрын
Thanks for the video VP! I was using the CCI for confirmation indicator in my algorithm and really didn't know it wasn't meant for Forex because it doesn't have intrinsic value, so I know I have to found something better, but to know now then later!!
@antoniow48885 жыл бұрын
VP thanks for getting real with people who put out JUNK when it comes to indicators. THANK YOU!!!
@That_G5 жыл бұрын
Yea I have to say the CCI is not working for me. I wish this video came out a day earlier so I didn’t burn 4 hours pairing it with other indicators
@SBTrading-c7v4 жыл бұрын
I Like how he quoted "competition". 😂😂😂
@gharibsol58405 жыл бұрын
Always informative and fun to watch your vids. I think the CCI belongs to the family of indicators called Oscillators, used mainly for a ranging market not a trending one. They attempt to indicate tops and bottoms in the range but once the price starts trending they are useless.
@restrelaxrecharge28725 жыл бұрын
Crazy I know, but, when I first saw the vid re. secondary confirmation. VP used the CHaikin as an example. I didn't have it so I put the CCI on the same chart - EURUSD - (as a zero cross) and got pretty good results keeping out of a lot of losers.
@rsantiago72722 жыл бұрын
@15:31, cci shows bearish divergence.. a 1 in a million reasons i guess.
@trinityghost17085 жыл бұрын
Hey VP, could you or anyone else in your community recommend someone who is like you, but for stock trading instead of forex? Even as a stock trader I just wanted to thank you for what you're doing, most of your information can be applied here as well I've found and even as a newbie, I've already been making money with a poorly optimized algorithm that really needs more backtesting/doing the math, and proper money management with the ATR and scaling out. Mostly just working with MA's like you've talked about in your videos and the Aroon which you have said is in your top 100 indicators, but I'd like to know more about which indicators are really good for stock trading even if they aren't good for forex. Who is the VP of stock trading? Or just some good videos you could recommend? I trust you guys a lot. Again, though: thank you. Keep doing what you're doing, us lowly unwashed retail traders really need this sort of no nonsense information in an ocean of BS trying to scam us.
@NoNonsenseForex5 жыл бұрын
I'm one of a kind! I do like Jason Brown's stock stuff though.
@trinityghost17085 жыл бұрын
@@NoNonsenseForex Thanks so much, I'll check him out for sure. I will say at the very least, every time I've heard you mention "this indicator wasn't even made for forex, it was made for stocks!" my ears perk up, lol. I still tend to avoid those indicators like the MACD though, if for no other reason than because they're popular and you've said it is best to avoid popular stuff. I've currently been working on a triple EMA strategy that I'm trying to finish optimizing at the moment, mostly to avoid false trending signals if possible. I noticed the CCI or Williams%R might be the answer here, in the way you're using it in your videos, since I've noticed those tend to be in the middle during a few of these periods I've backtested. CCI seems better so far. I like the Aroon a lot too, something you've mentioned is in your top 100 indicators, but it can be hard to find the right setting, though 25 has been pretty good so far (even though it's a common setting choice). Extensive backtesting is so essential, but again like you've said, finding a solid system is worth however long it takes because once you have it, you have it for the rest of your life and it will just keep making you money. Main thing I'm looking into right now is working on the Volume indicator part. What do you think about On Balance Volume (OBV), do you think you could ever do a video on it? Or should I mostly just look at the volume bars and compare their sizes to see if the market is dead or not? I've definitely noticed low volume in some areas where my indicators are kinda screwy, so that could be the key as well to avoiding those bad trades. Like you say, we win when we don't lose, that's one of my main focuses right now. I know all of the hard work will be worth it, I've already been seeing results (first month as a trader and already made almost $1k on a $30k account), so again, sincerely, thank you and keep up the great work. Even though I trade stocks, not forex, your channel has still been the best for teaching me pretty much everything I need to know. If I want to dig a bit deeper into something you talk about, I read comments from the community and look up other videos related to what you're talking about, but it's mostly just been learning from here and then backtesting stuff on thinkorswim. One last aside as well: have you ever used the hull moving average? If so what do you think about it? Very interesting indicator which I've seen used in a ton of different ways, would be cool to see a video with your take on its uses or if you should just avoid it. I feel like there is something really powerful there and have tested it on all sorts of timeframes with all sorts of different periods, testing trading the change in slope to price action crossovers on it, but I haven't quite found the ultimate setting yet. I don't really use it much in my main algorithm but I still play around with it because it fascinates me.
@emeraudembonabuca9535 жыл бұрын
VP what do you think about IQoption and options? I'd really like to hear you thoughts on this.
@mikescarborough91965 жыл бұрын
It seems to be very colinear with the Williams%R. Just another overbought/sold indicator that doesn't incorporate ATR or volume as an independent variable.
@tjunior61285 жыл бұрын
You can dramatically improve your trading by simply having a devout money management system and stop trading reversals.
@JulioHernandez-mm7bx2 жыл бұрын
Like most indicators don’t work good during consolidation times. It’s work perfect on bullish or bearish markets.
@nashclapp18642 жыл бұрын
I'm going to check that link however, you don't know/use the CCI very well!! You missed so much in your examples!!
@jonelgonzalbo88825 жыл бұрын
good day VP, can you please give some ideas where to find more indicators to test, btw im using Ctrader so its kinda hard for me to search. thankyou very much
@NoNonsenseForex5 жыл бұрын
I have no experience with cTrader. Honestly the best thing you can do is bite the bullet and download MT4. Then you'll have access to just about all of them.
@jonelgonzalbo88825 жыл бұрын
@@NoNonsenseForex Copy. Thanks a lot
@sybentley66754 жыл бұрын
see the divergence on his chart at 13:30 ? this is the only time i use cci
@gokugaming83154 жыл бұрын
Thank you so much for sharing your knowledge and experience...love you brother...❤
@yoloman965 жыл бұрын
VP I’m dying for this prop firm video to come out
@azidsanu46865 жыл бұрын
Me too
@nicholgadingan50405 жыл бұрын
for my own opinion 100% agree with you VP there are lot o LOW f garbage tools...FX trading is like UfC if you want to excell on this business formulate a strategy that you can counter the unpredictable market condition. I smell that you know this strategy VP. .Low risk for capital but earnings is not too huge but rest assure consistency profitable....
@osirisasar23925 жыл бұрын
The only thing that i dont like about this video is that youre using the cci as a stand alone indicator. Im positive you would se better results trend trading with it. The video also does not talk about stop losses and managing trade. Alot of these bad trades you say would actually turn out good with a strategy and risk management based off of your account size. This is just 1 way to trade this indicator that youre showing. This is the standard way of trading based off of the inventor. It can certainly work if it is done right.
@NoNonsenseForex5 жыл бұрын
This is a common argument I get anytime to poo-poo a well-loved indicator. I will address this, and the other more common arguments I get in a couple weeks. The answer is simple.
@osirisasar23925 жыл бұрын
@@NoNonsenseForex I say this because I do exactly that and it works and can work. I will love to see the video when you post it. I'm always in search of information. I'm just saying the way you explained it is the standard way of trading it, and there are multiple ways of trading it. This is going to be a nice series.
@Ranteray4 жыл бұрын
@@osirisasar2392 you are right.. I even use 2 CCIs and they work Very well..
@user-jh3ns1og2v3 жыл бұрын
Lol this is not how to use the CCI .. there are rules to it .. and it does work for forex if you have the correct strategy. The 100 pip move is the only trade I would’ve taken. Based on the 3 rules I follow.
@johnpalinkas56104 жыл бұрын
Now that you mantioned that People use CCI, RSI, MCD for one thing only I just check it on your chart it works perfectly (but you do not spell it out)
@Mikael.piktrsk5 жыл бұрын
Damn.... This video broke my heart cause I incorporated cci in my system but I have to agree cause some sections of my chart and what i was reading off of it were totally inconsistent.... Thanks vp.... Ill keep looking
@ridhwaanahmed15534 жыл бұрын
idc what anyone says but VP is 100% the goat, this guy is too underatedd
@1966DNO5 жыл бұрын
look for the divergence
@armstrongbabilatitangoh7078 Жыл бұрын
The CCI settings aren't correct. Change the settings to suit your strategy.