Gleno's...daily chart signals IF you don't know where you're at...how you going to know where you're going...ki
For this system, I use the 10EMA, 20SMA, 34SMA,50SMA,100SMA, 140SMA and the 200SMA. I use CCI10,20,34,60 and 100.. The system hit targets more often when going with the trend... The targets are for the MA's at the time they are called and the actual target price when hit may be slightly different depending on how long it takes and how steep the MA's are moving..Each time frame update will also change the value of the MA. So here is the way it works..Starting from a top...This works in ALL timeframes from the 1 min to the monthly...
When CCI10 drops back below +100 price moves to the 10EMA When CCI10 crosses below zero price moves to the 20MA ***note 10,2BB...and 20MA...BB contained price...also know as mean reversion...relative to Bollinger Bands... When CCI20 crosses zero price moves to the 34MA When CCI34 moves below zero price moves to the 50MA When CCI60 crosses zero price moves to the 100MA When CCI100 crosses zero price moves to the 140MA When CCI100 crosses below -100 price moves to the 200MA. When CCI272 crosses below zero price moves to the 320MA. Then you just start the system in reverse when CCI10 moves back above -100.. -------------------------------------------------- Gleno's chart