Using nothing but the 5 minute CCI 144 here are the trades for the day. (No Margin for this purpose)
Long at 38.96 Sell at 40.37 Gain +1.03%
Short at 40.37 Cover at 40.37 Even Whipsaw
Long at 40.37 Sell at 40.30 Loss -.17% Whipsaw
Now Short at 40.30
Once the CCI got to zero it stayed aroung there for 4 hours causing the two whipsaws. I think that maybe just playing it by the rules and taking whipsaws if necessary might be the way to go.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.