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2# CMI Spike Catcher

Polynomial Regression Trading

CMI Spike Catcher trading system is based on regression polynomial and supply and Demand indicator metrader 5,

 

Indicators: 

Add Plombiers indicator.Go to colours and change SIGNAL to a solid line and change thickness so that you can properly see it.

Add shved supply and demand indicator.

Add RSI Period 6, apply to close. Add levels 90 and 10. 

Add ADX into a separate window.

Add level 88 only.Coulour-Red 

Add CCI period 303-Coulour Blue into same window as ADX.Read below to add its levels.

CCI level should be added –level 4  First check that the green lines on main chart is heading in an upward direction.  Check so that the white line is crossing the bottom green line!  Check that the RSI is touching or below level 10!If not wait for it to cross the line before continuing to the next step.  Check that the ADX(Red Line) is very close to the 88-level.It should only be close no need to cross.  Check CCI(Blue) to be very close or touching the level 4 created.  When all this is met enter a tbuy trade and wait.The spike will happen!

CCI level should not be added –we use same level as ADX-level88  First check that the green lines on main chart is heading in an downward direction.  Check so that the white line is crossing the top green line!  Check that the RSI is touching or above level 90!If not wait for it to cross the line before continuing to the next step.  Check that the ADX(Red Line) is very close to the 88-level.It should only be close no need to cross.  Check CCI(Blue) to be very close or touching the level 88 created.  When all this is met enter a sell trade and wait.The spike will happen!

 

In the pictures CMI Spike Catcher.

CMI Spike Catcher MT5
CMI Spike Catcher MT5
CMI Spike Catcher MT5
CMI Spike Catcher MT5
CMI Spike Catcher MT5
CMI Spike Catcher MT5
Spike Catcher MT5.rar
compressed file archive 109.2 KB
Comments: 1
  • #1

    bestje (Tuesday, 03 November 2020 19:46)

    I am looking for the spike catcher EA for crash and boom.