Thread: CCI Filter
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Old 08-20-2006, 12:28 PM
napeharm napeharm is offline
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Hi, nnjeim,

My strategy is quite simple using three cci's. Entry is using a 150cci when it crosses a +50/-50 line. This CCI also gives the overall trend and signals are taken in its direction at other times . For other entries and re-entries other than the 150CCI cross,i use a 14 cci crossing the +50/-50 line and for further entries, whilst the 14 is above or below zeroline already, the 6cci including ZLR's-all taken in the direction of the 150CCi.

I am using a 5 min GBP/USD and all the cci's are overlaid, that is on top of one another in one indicator window. I have placed the CCI FIlter in the background to add further visual confirmation changing colour with the cross of the 150CCI when its above the +50/-50 entry line.

The length of CCI and entry techniques is a subjective one and i dont use much of Woodies stuff except really the ZLR using either 14 or 6 cci in the context of a longer CCI in this case the 150cci.

Its really quite simple and any length of CCI can be used whatever your preferences are and according to what you understand. All signals are taken in accordance with news events and important areas of support and resistance and are therefore discretionary as usual.

napeharm
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