The TradingEdge

[ziko]

Hey Bud

good thought process...10 2 standard deviation is absolute for each timeframe...and is relative to other timeframes. Going after the absolute value of 10.2 for each timeframe...price cannot pierce that..it is the ultimate boundary.

Very frequently I observe a very strong price move say on 60 minute that stalls all of a sudden...cause price is at the 10.2 limit on 15 minutes...something needs to give at that stage..price has to move away..back inside...and either recycle back to the mean or continue up in overbought after this brick wall has shifted locations.

All signals...especialy signals at outerbands..at the two deviation levels...are best captured on the chart itself...straight lines of the CCI one deviation are restrictive. Even if it goes to 200 and above on the indicator..it is best seen on the price chart.

+100 line on a standard CCI indicator is a straight line...while on the upper boundary of a one deviation bb..it is either sloping upwards/downwards or horizontal...energy...dynamically constant state of chaos..

Enjoy ..