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Wow lol long time since i posted up here! I'm not an afficionado on indicators so can you explain how an oscilator like the CCi differs from the MA crossovers? I understand the MA crossovers and used them like almost everyone when I first ever started trading but quickly found them to be lagging so dropped them except on my long term swing trades.
What are the advantages of using your timing with a CCi? |
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I use CCI hooks to wait for price retracement. If I see a long setup I am reading price bars and volume but will have a tendency to wait until the CCI is hooking upwards. (similar to how I use TICK) I use CCI only for this purpose.