Hello everyone This indicator is actually a very efficient oscillator, This system is a unique combination of indicators CCI and EMA, which of course has special settings, these settings are adjusted as much as possible due to signaling.
As you can see in the picture: CCI: the two colors line, green and red, are actually the same indicator CCI that I set to 20. *Note that in index CCI I have set the lines +100 and -100 to +75 and -75 for less error and a stronger signal to sell or buy.
EMA: The white line, which is in the form of steps, is in fact the same indicator of EMA, which I have considered as a value of 9.
Instructions -> areas: Zone +75 to +200 = positive range or incremental price or bullish Zone +75 to -75 = Neutral range or almost constant price (no fluctuations or very wet fluctuations) Zone -75 to -200 = single range or discount price or bearish
->How to use: Buy = In the bearish range, if line CCI intersects line EMA upwards and goes to the neutral zone. None = if the index (or index lines) collide in the neutral zone Sell = In the bullish range, if line CCI intersects line EMA down and goes to the neutral zone.
-> Please comment on this system or if you have a good experience in changing the values of the indicators or it seems to you, please share.
let me make sure i understand since this is similar to what i do using big charts on vfiax for SPY
1. Green/red line (CCI 20) crosses white (EMA 9) in the bear zone, you buy
2. Green/red line (CCI 20) crosses white (EMA 9) in the Bull zone zone, you sell
do you use your 1,3,5 min to indicate when you get the best buy price and best sell price or the 4hr?
1. Green/red line (CCI 20) crosses white (EMA 9) in the bear zone, you buy
2. Green/red line (CCI 20) crosses white (EMA 9) in the Bull zone zone, you sell
do you use your 1,3,5 min to indicate when you get the best buy price and best sell price or the 4hr?