
03-13-2006, 09:25 AM
|
 |
Senior Member
|
|
Join Date: Jan 2006
Location: Johannesburg, South Africa
Posts: 1,125
|
|
Quote:
|
Originally Posted by sukhen
Hi ycomp,
The implementation of CCI might be different across various platforms. I'd suggest one thing - at your suitable time frame, set up some parameter like 6 or 14 or 50 or whatever (basically tryout - these are all statistical in nature anyway - same stuff) and then draw horizonatl lines at 0, 50, -50, 100, -100 levels. Just watch when a candle closes and CCI goes beyond 50 or -50 levels for long or short side respectively, enter the trade and exit when the price come back to 100 or -100 level. Usually it works for me but use some other stuff as well with it like Heikin-Ashi definitely. There are many other rather complex ways but this somehow appears quite simple to me.
Best.
- Sukhen
|
Will look at this combination with Heikin_Ashi and let you know. I am making progress though. Thx.
__________________
"Risk comes from not knowing what you are doing" The Tao of Warren Buffett.
"Avoiding mistakes, makes people STUPID and having to be RIGHT, makes you OBSOLETE." Robert Kiyosaki.
|