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kiy

06/18/18 2:30 PM

#19596 RE: easycome92 #19595

CCI 20has to get oversold...then you watch %B 3cross 5 moving average of the %B(if this average cross over fails you step aside and wait for the next set of signals) You trade allllll stocks this way when you find a stock you like and has a good story...
...then you want stochastics to turn and get on your side...
ROKU trades...vertical green lines are drawn from the CCI oversold signal -100 line...then the moving averages and stochastics start talking to you.
It is best to listen to what the chart is saying...I still get out too soon on many big runs.
If you get price trending, price falling below the 10 day average is the first signal to take 1/3-2/3 profit...then its all about overbought CCI signals...if you sold and price reverses UP when CCI re-enters overbought is a buy signal IF you're afraid price will run another 10% or more...

kiy

06/18/18 3:31 PM

#19597 RE: easycome92 #19595

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