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kiy

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Posts 16175
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Alias Born 08/19/2010

kiy

Re: None

Monday, 05/20/2013 9:36:38 AM

Monday, May 20, 2013 9:36:38 AM

Post# of 19859
TimeFrames with Heikin Ashi TRIN...Kiy's TimeFrame System


5 minute

10 minute


TRIN=(Advancing Issues / Declining Issues) / (Advancing Volume / Declining Volume)
http://bigcharts.marketwatch.com/markets/default.asp
15 minute


30 minute




60 minute



Daily


Weekly


The Commodity Channel Index (CCI) technical indicator....understand the CCI indicator first... and the signal lines of the CCI = +100 overbought signal line...centerline signal line...-100 signal line and lower being considered oversold level.
Commodity Channel Index (CCI) is a versatile indicator that can be used to identify a new trend or warn of extreme conditions. Lambert originally developed CCI to identify cyclical turns in commodities, but the indicator can be successfully applied to indices, ETFs, stocks and other securities. In general, CCI measures the current price level relative to an average price level over a given period of time. CCI is relatively high when prices are far above their average. CCI is relatively low when prices are far below their average. In this manner, CCI can be used to identify overbought and oversold levels.
http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:commodity_channel_in

Kiy's TimeFrame System... CCI TimeFrame Trading
The system includes multi-Timeframe tracking of the CCI technical indicator as it cycles from oversold to overbought to oversold on the intraday charts, daily chart and weekly chart. This is daytrading/swing trading at its BEST....you will be getting the benefit of many years experience trading so the learning curve if you are new to trading and technical indicators will be shorten by "years"...

With this system you will have a powerful trading technique just by understanding the Daily chart's CCI "bias"...Best trades are "with" the direction of the daily CCI. Along with the daily bias trading you will learn a moving average system that is powerful in its own right and has such unique qualities, I call it the Grail Moving Averages. You will also come to understand the importance of tracking TRIN intraday as a trading tool.
The knowledge and experience you gain here will not only answer many trading question...this work will "define" give definition to the often stated but yet to be understood phrase BUY Low/SELL High...relative to what...?...once you know it... understanding is yours and fear and other emotions just become after thoughts. Position trading with the Daily Chart Bias and signal execution becomes the focus...

My Goals in sharing all this is to give others confidence in trading...help you put some definition and structure around you trades and show how really simple this Market is to trade... along with a look in the mirror at ourselves, how we complicate anything we put our hands on... I'll put an end to the thought that the big BankerCrooks HFT programedRobot Algorithm trading can't be beat...I beat the these Crooks all the time...By sharing this system and posting alerts of signals we can all beat the crooks.

YOU are only as good as your next trade...apply some structure and definition around it...
Enjoy...good trades and give back some to a good cause
Ki...Kiy...theMatrix

TimeFrame Trading...Kiy's TimeFrame System
TimeFrame Trading while tracking the Commodity Channel Index (CCI) technical indicator.
I found that intraday charts have their own Hi/Lo cycles (simply overbought/oversold cycles nothing too complicated here)...You will be following oversold/overbought cycles while tracking Commodity Channel Index CCI intraday...5/10/15/30/60 minute charts
A.) 5minute chart has its own cycle along with the normal intraday Market noise. Trading on this time frame or lower you can expect frequent false signals and whipsaws. KNOW that you are most likely gambling with only the intraday "noise" giving you signals. At its best the 5 minute chart will reflect early signals on the 30 minute chart; but in my opinion you will get better early signals from the 10 and 15 minute charts simply because you get fewer false signals. The only process you really need to be aware of with the 5 minute CCI cycle is that the 5 minute chart will enable you to optimize your trade as you enter or exiting a position. You simply wait for 5 minute CCI cycle to finish the cycle its on and gets in line with the direction you are trading; it may add or save you a few extra points is all.

B.) The Main Focus of the intraday TimeFrame System is...the 10/15/30/60minute CCI charts/TimeFrames they all cycle together...with this CCI Timeframe Trading; you are tracking CCI as it cycles from oversold to overbought to oversold... taking buy/sell signals from the 10 or 15 minute chart...once 15 minute CCI crosses centerline...you are going to 30 minute exclusive signals and as the 30/60 minute charts become overbought/oversold you will then look at the daily chart to see if it is ready to move in the same direction as the intraday timeframe cycle...if the daily time frame is ready to cycle along with the intraday time frames this will be a more powerful trade and it will most likely take more than one intraday TimeFrame cycle to complete the daily CCI cycle...
Simply stated another way...as each Timeframe reaches The CCI indicator's centerline you step to the next higher timeframe chart...10...15...30 exclusive...so it really is an "exclusive 30 minute trading system" while front running with signals from the 10/15 minute charts.
1. ...10minute CCI chart is early but is an alert a change in direction is starting/happening...10min. CCI at centerline suggests that you can step over to 15minute CCI chart. The 10 minute chart's job is done... If you trade with 10 minute signals just know that you are early and may see a few false starts as the 30/60 minute CCI haven't completed their cycles in oversold/overbought...

2. ...15min CCI chart at centerline you step to 30minute...

3. You become exclusive 30minute CCI signals now...30minute CCI chart is the work horse; it will keep you in the trade the longest and enable you to capture the most number of points of the move if you entered a trade on 10 or 15minute CCI signals...this is daytrading/swing trading at its best.

4. ...60 minute CCI chart lags but needs to show that it to is turning (ready to move along with the group 10/15/30/60) as the 10/15 minute timeframes start to signal change in direction from overbought/oversold signal lines...(***until 30 minute signals change in direction you should consider 10 0r 15 minute signals as early signals and be ready for potential reversals or whipsaws...)
C.) The Daily chart is its own CCI cycle compared to the intraday TimeFrames... ...if daily CCI points UP you can consider the Market's "BIAS" is up until daily CCI signals a change in direction...BEST trades are...always...trade with the direction of the daily bias. These signals in direction are at the +/- CCI signal line and centerline.
D.) The Weekly CCI chart is also it's own cycle...the best trades happen when daily and weekly CCI's bias boith point in the same direction...

E.)You can still trade any TimeFrame exclusively; but with an understanding of how the intraday timeframes work you should find that the 30 minute is the best timeframe to trade, followed by the 15 minute chart...then the 10 minute chart.
Other technical indicators will also work within this intraday TimeFrame System; but it is important to understand the CCI cycle first because of its unique position found within the Bollinger Bands and in this simple formula... Bollinger Bands=%B=CCI (basically all say the same and point direction the same). The CCI indicator will only be slightly behind signals from the %B; which is caused by the way CCI is calculated verses the calculation for the Bollinger Bands.
CCI signals at CCI signal lines= +/- 100 and centerline are alerts and triggers...suggesting direction of price. Understanding this CCI cycle relationship within the Bollinger Band parameters =your trading skills will progress rapidly...Create some boundries around the trade...the Bollinger "Bands Box in Price" the majority of the Time and the signal lines of the CCI= signal "change" in direction within these Bands. Just like the boundries on a football field or basketball court...trades and signals happen inside the Bollinger Bands (boundries). If price is outside the Band; you wait for price to get back inside the band and then follow the signals as they are triggered.
Notes
1. Always trade with the direction of the daily CCI
2. Swing trades intraday to a couple of days. Always trade in the direction of the daily even for short term trades...if you really feel you must trade against the daily bias...you need a hair trigger..and get out quick if the position moves against you. The Average True Range for SPX usually runs around 15 points. this range inceases as volatility increases.
3. Front Running a Daily chart signal. Rather than only trade the intraday cycle you can use the intraday charts to front run a daily cycle signal. When the Daily CCI is ready to move out of oversold or overbought... your goal eventually is to catch a trade from intraday that carries over onto the daily chart. It just takes some practice and patience becoming comfortable with the 3 CCI cycles Intraday/Daily/Weekly and as they sometimes line up together... synchronized and the big trade is allllll yours.
4. Remember. What you're looking at on an intraday charts is a daily candle or OHLC price bars "uncompressed" from the daily chart. Kind of a "micro" view of the Macro daily chart...and daily would be a micro view of the weekly chart...
Enjoy...good trades...remember...Give some back to a good cause...
With a little definition it really is that simple...Up...Down_Sideways...
Goal is to beat the bankerCrooks...
Follow the signals...
Ki...Kiy...theMatrix
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
5 minute

10 minute


15 minute
TSI settings and other indicators.. $SPX 15 minute chart
This chart has a more advanced group of indicator setting and requires a good amount of experience and understanding of technical indicators.
Although most of these indicators are closely related =Multicollinearity it can be useful to compare indicator and signals. With time and experience you can develop a comfort level with fewer indicators along with confidence in the signals they provide. (I only use one or 2 Technical indicators on the charts I most often post) The settings on this 15 minute chart will work in any timeframe...test them relative to the other indicators and how they respond when price is at the different Bollinger bands...***especially the one standard deviation bands.

Comments/observations about a few of these indicators.
1. TSI...TSI crosses centerline before CCI its another leader...leading indicator...so may want to learn more about TSI...*** why 2 settings for TSI? The TSI fast setting is a test= to see how it compares with the other indicators here...so whenever you're testing an indicator's settings always have the original setting to compare also...so far I like the settings and would use the original setting as representing a longer period and when it and the faster setting signals at or about the same time from oversold or overbought; may be the best signal here...you can see this by setting your cursor on TSI signals...and scroll up through all the other indicators...

2. ...VTX has no signal line so I make stochastic fast and slow lines(%K...%D) the signal ...when reading this you only compare stochastics to the +VI line(greenline)=fastline cross stochastic slower line suggests "change" in momentum...you should see this change happening with the +VI (*** this is what I had said I would show you about VTX)(can also do this with the ADX/stoch fast and slow lines...You can see this on the ADX better than the VTX but I like the centerline of the VTX)

3. ULT...Its a leader...one of the better...but you need to get accustomed to it...

4. %B moving averages crossing...confirming/suggesting change...like the %B this indicator is a leader...= usually signals before CCI...

5. WHY the moving average on some of the technical indicators... 2 reasons...first it is an early alert... and 2nd=If one indicator is moving too far ahead of the others I start to doubt its usefulness=is it's setting is sooooo fast that what signals you see may be responses to intraday noise= signals can be false and too early so the cautions stated in #6 below on the RSI 3 settings remains... when you see an indicator moving too fast: compare this indicator such as the very speedy RSI-3 to the moving average of the CCI...place your cursor on CCI crossing its moving average and scroll up through other indicators and see how they compare and you can also see how the CCI cross/moving avg matches to the RSI 3 indicator's movements...

6. RSI 3...Although I don't encourage the less experienced to use RSI 3 signals...I say its toooo fast and best to make only centerline its signals line...just KNOW it is fast...very fast...sensitive so not the best early signal on lower timeframes like 10 or 15 minute...so make centerline the signal line......what I found was that RSI 6 or 7 was about the same as CCI 20; so know the RSI 3 will have much more movement than the CCI 20...

7. Bollinger Bands (also known as volatility bands) are used to "Box price in"...inside a very well defined set of parameters. It is important that you understand how these Bands work and become more aware of signals on the price chart such as moving averages and price crossovers that are happening at the one standard deviation band. Most people only follow the 20,2 Bollinger Bands 2 deviation and never have considered the same rules apply to the one deviation band. And then there is the trading system Kiy System I use with the Commodity Channel index CCI that is very closely correlated to the Bollinger Bands and the parameters the Bands set around price.


30 minute




60 minute


60 minute with the 3 CCI
20 CCI=relates 60minute chart and to 3 day average daily Chart...
10 CCI=relates to 30 minute...
5 CCI=relates to 15 minute timeframe...
These settings are a summary of the intraday timeframe 10/15/30/60 minute from the 60 minute point of view...
...the moving averages of the CCI are the triggers...and the +/- 100 signal lines of the CCI

Daily












5 minute
http://stockcharts.com/c-sc/sc?s=$SPX&p=5&b=3&g=0&i=p15343206561&a=153244594&r=260
10 minute
http://stockcharts.com/c-sc/sc?s=$SPX&p=10&b=5&g=0&i=p47281977067&a=209189259&r=6446
http://stockcharts.com/c-sc/sc?s=$TRIN&p=10&b=5&g=0&i=p53065833606&a=275092179&r=1345433820456
15 minute
http://stockcharts.com/c-sc/sc?s=$SPX&p=15&b=5&g=0&i=p14689420949&a=274626311&r=1349371495559
http://stockcharts.com/c-sc/sc?s=$TRIN&p=15&b=5&g=0&i=p50222062632&a=275088220&r=1345431985216
30 minute
http://stockcharts.com/c-sc/sc?s=$SPX&p=30&yr=0&mn=0&dy=5&i=p37059964966&a=281977327&r=1368411512893
http://stockcharts.com/c-sc/sc?s=$TRIN&p=30&b=5&g=0&i=p19453274565&a=275092693&r=1345434548352
http://stockcharts.com/c-sc/sc?s=$SPX&p=30&b=5&g=0&i=p01287861007&a=275093879&r=1345436196357
http://stockcharts.com/c-sc/sc?s=$SPX&p=30&yr=0&mn=0&dy=10&i=p84678650058&a=303271030&r=1369018107414
60 minute
http://stockcharts.com/c-sc/sc?s=$SPX&p=60&b=5&g=0&i=p72100213263&a=275101730&r=1369029033443
http://stockcharts.com/c-sc/sc?s=$TRIN&p=60&b=5&g=0&i=p44309555076&a=303270784&r=1369017769402
http://stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=1&dy=0&i=p37021415607&a=281991990&r=1362679152645
Daily
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&b=5&g=0&i=p43136937065&a=303284029&r=1369028968265
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&b=5&g=0&i=p13170146504&a=276449421&r=1346900512555

TRIN=(Advancing Issues / Declining Issues) / (Advancing Volume / Declining Volume)
http://bigcharts.marketwatch.com/markets/default.asp

Ziko's
Monthly
http://stockcharts.com/c-sc/sc?s=$SPX&p=M&yr=3&mn=0&dy=0&i=p33752292221&a=303272717&r=1369020412603
Weekly
http://stockcharts.com/c-sc/sc?s=$SPX&p=W&yr=0&mn=11&dy=0&i=p58299861269&a=303273854&r=1369020904119
Daily
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=2&dy=15&i=p47675755306&a=303274448&r=1369021158131
60 minute
http://stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=0&dy=8&i=p43372556401&a=303274636&r=1369021322280
30 minute
http://stockcharts.com/c-sc/sc?s=$SPX&p=30&yr=0&mn=0&dy=3&i=p69349873038&a=303275504&r=1369021453002
15 minute
http://stockcharts.com/c-sc/sc?s=$SPX&p=15&yr=0&mn=0&dy=2&i=p89368581260&a=303277406&r=1369023341294
10 minute
http://stockcharts.com/c-sc/sc?s=$SPX&p=10&yr=0&mn=0&dy=2&i=p10381158315&a=303283710&r=1369027654842
5 minute
http://stockcharts.com/c-sc/sc?s=$SPX&p=5&yr=0&mn=0&dy=2&i=p39898523892&a=303279724&r=1369025178373

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