In the post I'm replying to I said...and then the ultimate "trigger"... signal is there...indicator= is price itself...price has to move below the 3 moving average to turn it the other direction...3average becomes a trigger for other averages as crosses...triggering as it crosses the 5 and 10 averages...it would be nice to know where these triggers happen as we come out of overbought in today's case...and to see a certain technical indicator working right along with it...
Comments below are Ziko's...related to this 60minute chart...I'll make a couple of comments below chart...
...along the journey/quest..in search of the GRail. Importance of one deviation, dynamic CCI embedded in price...no need for anything else..standard CCI is there to show the difference..and the occasional divergence..but can easily trade without it..CCI embedded price chart is better by far...no bars...candlesticks or the like...a solid price line that 's all - What is happening outside of the one deviant is important...EMA 10 crossing centerline signals...
Now knowing the significance of the moving averages and price on the price chart...January 17th if you where on the short short side and you didn't cover between 1295/1296...you weren't paying attention to how price triggers and moving averages trigger...and especially that the 3 and 5 averages failed to follow price below the 10period moving average and the situation continues today... Front running gains confidence as price and the other signals happen...confidence most recently is in the Bull camp...on this chart only way to "start" to crack that confidence is to crack that 10period moving average...No...?...there's your journey/quest.... Great chart...enjoy