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RE: SEC S19W5 || Spotting Market Reversals with CCI
You created indetailed information on Commodity Channel Index. The explanations and examples extremely helpful in understanding Commodity Channel Index better. The traders who are looking to improve their strategies, reading this post can definitely assist them.
What I think Commodity Channel Index is good for short term like week or month holding, but less use for intraday.
Stream4u my friend,,,, you don't need my article to understand CCI, I read yours and I know you understand it no less than me and perhaps more.
Yes, I think so too. I would not recommend using it for short-term trading due to its tendency to generate false signals in shorter-term trades. If it is used, it should be accompanied by strict cross-confirmation and strict risk management.