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There was an omition of one basic rule when atr is used for emphasizing some value in the previous version of cci of stochastic : the value that should be used must osculate around zero line (otherwise the logic of using atr is broken). This version corrects that : cci_of_stochastic_amp_atr_2.mq4
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Here is a comparison - lower is the new (correct) version : obviously the new version is more accurate and in lower part it is avoiding false alerts
I had adapted the original but I will adapt this corrected version tomorrow.
Old versions are as attached - and the whole picture is looking very good if the corrected version is better.
Thanks
TEAMTRADER
MLaden,
2 requests -
I have tried to get the 4 colours again - by removing the 'oversold/bought color' in lines 57 to 60 - but nothing works when I have done that. Would you change the indi please so it shows 4 colours?
May I ask what the silver line represents?
TEAMTRADER
I had adapted the original but I will adapt this corrected version tomorrow.
Old versions are as attached - and the whole picture is looking very good if the corrected version is better.
Thanks
TEAMTRADERcan you please attach the atr cci+ histogram indicator?
thanks in advance
MLaden,
2 requests -
I have tried to get the 4 colours again - by removing the 'oversold/bought color' in lines 57 to 60 - but nothing works when I have done that. Would you change the indi please so it shows 4 colours?
May I ask what the silver line represents?
TEAMTRADERTEAMTRADER
The silver line is the CCI
can you please attach the atr cci+ histogram indicator? thanks in advance
Here it is with a copy of the colours with the new settings in the file - thanks.
TEAMTRADER
This is the best I can do with it renamed. I can now get it to save as a template so the colours do not matter.
I've finished adjusting it so it will go live this afternoon.
Thanks - it is a great entry/exit indicator and I am happy with it.
TEAMTRADER
MLaden,
2 requests -
I have tried to get the 4 colours again - by removing the 'oversold/bought color' in lines 57 to 60 - but nothing works when I have done that. Would you change the indi please so it shows 4 colours?
May I ask what the silver line represents?
TEAMTRADERTEAMTRADER
Try this version out : cci_of_stochastic_amp_atr_2_teamtrader_version.mq4
TEAMTRADER Try this version out : cci_of_stochastic_amp_atr_2_teamtrader_version.mq4
I've used the revised indicator you posted as a base and changed the settings and name so I can recognise it in my list of indicators - the ATR CCI 2 indicator above is yours with my settings.
I still can't get the colours as standard but as the template takes care of this it is not a problem.
Thank you again.
TEAMTRADER
Do we have this for tradestation?