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I myself eventually became disillusioned with so many different setups, with setups that were for prior setups that failed. I did become comfortable using the 34 ema as a fade when prices are not flat and there is angled pricing. I have implemented the cci and rsi with my own adaptations, as my lagging indicators. I use trendlines on the cci and rsi, when I see a 3 point trendline for both, and also a 3 point trendline on the ER ticks (which leads) I am prepared to a take position. Another setup I like is when a trendline of 3 or 4 points on the cci and rsi is broken, a explosive reverse has been observed to occur. Also when the cci stays below 100, or for some they use the zero line, or trendline break, a trade is exited when broken. |
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it's an old thread, but who can explain or show on the chart what Namstrader ment by 3(4) point cci/rsi trendline
thank you