AI
Monday, June 18, 2018 3:31:48 PM
60 minute chart as a proxy for the daily chart...
The 65 average is close enough to equal the 10day average on the daily chart...you buy and sell price above/below the 65 average...
The 20 average is close enough to equal the 3day average on the daily chart.
So an overbought/oversold 65 CCI is trying to tell you how its acting "relative to the 65 average...so you can also take signals from CCI 65 overbought/oversold.
60minute chart...
20CCI 20,2 Bollinger Bands inside the 65,2 Bollinger band.
This is trading the 20 Bands when they contract=price is going to pop one way or the other...its day trading/scalping a few points. Very difficult.
60minute
The 65 average is close enough to equal the 10day average on the daily chart...you buy and sell price above/below the 65 average...
The 20 average is close enough to equal the 3day average on the daily chart.
So an overbought/oversold 65 CCI is trying to tell you how its acting "relative to the 65 average...so you can also take signals from CCI 65 overbought/oversold.
60minute chart...
20CCI 20,2 Bollinger Bands inside the 65,2 Bollinger band.
This is trading the 20 Bands when they contract=price is going to pop one way or the other...its day trading/scalping a few points. Very difficult.
60minute
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