[hisbride]

Hi Maurizio,
Below is your post # 16 I can't seem to set the -100 & +100 lines. When I place my mouse on the line to get the numbers, the numbers seem to jump in strange increments or just stay the same even though the line is moving. Maybe I just don't understand this indicator well enough. Anyhow, any light you could shed on this would be great. Thanks very much. Hisbride


Your post # 16
CCI.
This is an indicator i have only just started using. The way i use it is to see how far the price is gonna go before i want to start thinking about exiting the trade.
I will try and explain how i do this.
I draw on two lines, one at +100 and one at -100.
Once price has crossed either of these thresholds, i look to see how far over the line it travelled last time.
If say, last time it reached 137 before it turned around i would keep an eye out to see if price this time crosses the 137 from before, if it does, the price is gonna jump.....big time....so obviously stay in the trade. If it doesnt manage to get past the previous CCI high/Low (in this case 137) then i would be getting ready to exit this trade.