I could not post a chart at this time.
If you have access have a 5 min Chart Draw CCI 144 on it and CCI 12,6 as signal. It is a CCI based program with filters.
Look it gave first signal at 10:45 candle when 12,6 cross,
My other indicators confirmed it at 12:05.
I held it as CCI reached by 200 basic parameter for NERS.
You should see I did not buy at bottom neither I sold for HOD.
Filters keep you in trade and trailing stops do the rest.
I lose many times when I try to predict what program will do.
This is just a tool for me, My experience and cash management plays important role.
I used to trade QID and QLD and option on QQQQ only but not now. I also used to take only 20 to 40 Cents but on 4X trades.
I use less margin now a days.
I feel danger is more to be in single issues.
As I told you you need to read a lot about CCI based NERS system.
Once you have grasp on it filters will be easy.
Happy trading.
Farooq
Edit: I give parameters because one need to watch what it is doing and learn what to do when it do certain things.
One big problem on IHUB is I used to give quite a bit time which affected my trading.
Now I only write when I have nothing else to do. I do not post immediately because my money need more attention then posting.
That is one reason I posted how I trade. You might have to read back posts.
AI
