AI
Friday, February 03, 2012 11:38:44 AM
TZA...see 2nd chart
Could remove 10CCI and do overlay %B...10CCI is usually very early.
Or place %B just by itself...
Often better to get signals from the index not the ETF...kind of like SPY often runs a point or two above Cash SPX...
Daily NDX at outer band...%B at .99(99%)=just the Bollingers laid out flat on a graph....99=where price is at...price being the best indicator...followed by stochastics...
The "magic formula" is BB=%B=CCI...all basically say same thing so you have multicollinearity working for you...that is if price is the best indicator...
Enjoy
Could remove 10CCI and do overlay %B...10CCI is usually very early.
Or place %B just by itself...
Often better to get signals from the index not the ETF...kind of like SPY often runs a point or two above Cash SPX...
Daily NDX at outer band...%B at .99(99%)=just the Bollingers laid out flat on a graph....99=where price is at...price being the best indicator...followed by stochastics...
The "magic formula" is BB=%B=CCI...all basically say same thing so you have multicollinearity working for you...that is if price is the best indicator...
Enjoy
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