Just Doing a Back Test using the CCI indicator.
To Create Buy Signals..The Algorithm-Theory is when the CCI Breaks bottom line as set.
You Buy 2 Day after CCI Break...So this chart is some History of that.Yes I could have used RSI.
Yes I could have used MACD..Yet I am using CCI because maybe Better in Down Trend.
The Green Flags are CCI Breaks alerts.The Arrows are Test Buys 2 Day after.
The numbers are Demark Counts.It the Free Version.I have been Testing them on Hourly Charts.
They Kinda Work on Hourly Chart.Being I get a Lot of Reversals "after" 9 Count has been Hit.
No conclusion on how they Work on Daily with this Market,,,,Yet
To Create Buy Signals..The Algorithm-Theory is when the CCI Breaks bottom line as set.
You Buy 2 Day after CCI Break...So this chart is some History of that.Yes I could have used RSI.
Yes I could have used MACD..Yet I am using CCI because maybe Better in Down Trend.
The Green Flags are CCI Breaks alerts.The Arrows are Test Buys 2 Day after.
The numbers are Demark Counts.It the Free Version.I have been Testing them on Hourly Charts.
They Kinda Work on Hourly Chart.Being I get a Lot of Reversals "after" 9 Count has been Hit.
No conclusion on how they Work on Daily with this Market,,,,Yet