what I like about those CCI bungie setups is that they are
mechanical. This morning for example before the market I set buy
stop orders 1 penny about Friday's high for those 6 CCI setups that
I posted on Sunday. I check to see if there's going to be gap
or something like that, but otherwise I set my buy stops before the
market, then go and get my coffee. The orders I place if triggered
a sell stop immediately gets placed at the lows and I have a couple
sell limit orders set to trigger near the 5 and 9 EMA, that only
get activated if the buy stop triggers. The buy stop is ONLY good
for that day - because if they don't trigger, I shift the trigger
price for the next day to the new candle
I set the orders in place, then go about my morning - they
either get triggered or they don't, I don't have to try and monitor
and manually check and miss them
what I like about those
PBF CCI follow up
Posted by matt on 12th of Dec 2022 at 11:58 am
what I like about those CCI bungie setups is that they are mechanical. This morning for example before the market I set buy stop orders 1 penny about Friday's high for those 6 CCI setups that I posted on Sunday. I check to see if there's going to be gap or something like that, but otherwise I set my buy stops before the market, then go and get my coffee. The orders I place if triggered a sell stop immediately gets placed at the lows and I have a couple sell limit orders set to trigger near the 5 and 9 EMA, that only get activated if the buy stop triggers. The buy stop is ONLY good for that day - because if they don't trigger, I shift the trigger price for the next day to the new candle
I set the orders in place, then go about my morning - they either get triggered or they don't, I don't have to try and monitor and manually check and miss them
Matt, would you do (or
Posted by bulf6285 on 12th of Dec 2022 at 02:37 pm
Matt, would you do (or have you done) a short video tutorial? I'd like to try and code this as a mechanical system.