DislikedThe think with indicators is that someone will always have a personal preference. However, the CCI was originally developed for commodities but now professional (bank) traders use it for currency trading due to the high percentage of +wins against -losses.
Maybe, we shouldnt focus too much on the type of filtering indicator too use but as long as we all agree that it is needed to help prevent DD.
So, without trying to make a coding nightmare, we could make it a custom option. i.e. you can use CCI, RSI or STOCH etc.Ignored
Attached is a shot of a pair of cci's and a pair of rsi's overlain 14 on 34. It seems to me that there is more useful information in the rsi one, particularly about flats.
Junja