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I have been using this indicator since the day you posted it and the "problem" with it is the fact that it moves in 3 digits especially confusing when the Trend-CCi is crossing the zero-line. One wuld like to see a clean break and not having 3 "digits" moving together. We had this problem originally with DoublecciWoody, but it was fixed and now it will only move the "digit" of the current bar which is of course correct. (By "digit" I mean it is like your finger - the first digit is the nail followed by the 2nd digit, etc.)
So, effectively this indicator moves 3 bars at a time in stead of anchoring the previous bar and just moving the current bar.
Please could you look into it for me as I trade the CCi-exclusively.
Many thanks in advance.
hi, Hercs,- what finger? - please explain yourself but not to show finger (only on the picture(chart graph) what does it mean and what "digit" represent too (sory mi inglish googol)
hi, Hercs,- what finger? - please explain yourself but not to show finger (only on the picture(chart graph) what does it mean and what "digit" represent too (sory mi inglish googol)
I am tempted to say the "middle finger" but then some people may get upset. I know you won't get upset though, but I will try and give you a better understanding by describing it differently in the next post as I have to run off at present.
Thank you for responding.
__________________ "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.
I think everyone knows hand signals. Even Bush used the digits at reports right on the lawn of the White House. He later said he was lost for words at the time. I guest he was steping on hes tung as he had a habbit of doing.
Keit
Last edited by cockeyedcowboy; 11-06-2008 at 01:40 AM.
Looks like he has a lot to say but I didnot catch it all will have to rerun it.
edit;
on second reading I see he is saying "do I have something on my nose".
Linuxer sayed he's gonna kill somebody who not edit his post. http://www.forex-tsd.com/241671-post431.html 10^^3! (it's about no political, religion, national, sex, race, etc jokes - kinda 5.0 or whatewer that means)
no description middle digit ok, only chart grapf ok
not problema indiceidor i know only midle digit(finga) users not propa way
Hi "I",
OK, let me try to explain it to you as I cannot demonstrate it on chart; reason being that the changes happen continously and to capture it is almost impossible I think anyway.
Let us say that on the M5 TF, the CCi-5 has a reading of 100 in the present candle. It jumps up and down during the formation of the candle and when the candle closes, it gives a reading of 100.
The next candle opens and the CCi-5 closes on 125. The next one closes on 135.
Now here is the problem: during the next candle formation, all 3 of the previous candles change their numbers and finally when the current candle closes it looks as if the change occurred 3 candles ago.
Taking a Moving Average as an example - each candle (bar) would "lock the position of the MVA in solid" and it will NOT move from there.
This indicator moves up to 3 positions at any given time.
Open your Right hand in front of you with the palm of your hand pointing 90* to your left. Now close your hand slowly as if you want to make a fist and notice that the first movement is at the big knuckles (the rest of the fingers follow as you close the fist completely). Count from your nails towards your arm, you will get the first "digit" shortly after your nails; the 2nd digit follows and the 3rd digit is the "big knuckles" before reaching either the palm of your hand or the back of your hand depending in which way you look at it.
So imagine that the big knuckles are in the current candle and as the price moves up and down, so your knuckle moves open and closed and you cannot control (or keep still) the rest of your fingers. That is the way your body is made, unless you take your other hand and hold your finger so that you can only bend the 1st digit, etc.
This is what this indicator does.
The correct way is that the indicator should "anchor" the position at the time when the candle closed and not move that position again.
It is especially important when we want to see when the CCi-Trend (especially) drops through the zero-line.
Sorry for being a bit longwinded, but this is the best I can do to describe the action of this indicator.
I am sure you can sort it out. Thanking you in advance.
Best wishes.
__________________ "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.
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