Saturday, June 10, 2006 3:46:51 PM
I have enjoyed the knowledge shared on this board regarding the CCI, RSI, and ADX by many posters, but especially Gloe, Nocona, Little Chico, and Kenwong. Thanks to Metalfillboy for giving the links to the live CCI feed, it is helping me to see Woodies setups.
In the spirit of searching for a great tool to time the market, I'm offering this chart for your scrutiny.
I have been backtesting this chart on random months using a daily setting and comparing it to the QQQQ. The CCI crossing 0 and the dominant DMI on the ADX seem to be very accurate in determining a change of direction. I have been waiting for these two indicators to cross before going long on the Qs. They did cross briefly on Friday, but as you can see they pulled back before the close.
I welcome any criticism or tweaking to make this a viable tool.
TicTac
![](http://stockcharts.com/c-sc/sc?s=QQQQ&p=D&yr=0&mn=1&dy=0&i=p58322653655&a=76617634&r=837")
In the spirit of searching for a great tool to time the market, I'm offering this chart for your scrutiny.
I have been backtesting this chart on random months using a daily setting and comparing it to the QQQQ. The CCI crossing 0 and the dominant DMI on the ADX seem to be very accurate in determining a change of direction. I have been waiting for these two indicators to cross before going long on the Qs. They did cross briefly on Friday, but as you can see they pulled back before the close.
I welcome any criticism or tweaking to make this a viable tool.
TicTac
TicTac
My passion is equal to the task.
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