What's the use with RSI, STOCH, CCI?

If you look at the post, the post "icon" is this one:

Indicating that anything in the post is a friendly jest. The thread had included many fun, yet "sarcastic" posts about how easy it is to get into a frenzy over utilizing indicators. I created the spoof PPI indicator in my post in honor of pipple's fun post.

It's all in good fun ST. Sorry if my post offended.

: ) Thom

Actually I was only asking because I didn't know one way or the other. I should have know better what your actual tone was. Tired when I read it.

funny stuff
at least someone got the joke
this forum is funny sometimes and annoyingly depressing other times
funny accrete
have a good weekend

My fellow CCI Traders

My newest video on indicator and time confluence trading is now available. The video discusses a multi-confluence setup on the YM (Dow-mini futures) utilizing price support, multiple indicators, and two time frames. The YM is an equity index futures contract, but the same technique can be aplied to forex trading.

http://madscalper.com/videos/conflue....html?aid=8160

If you are looking specifically for forex instruments, check out this video which contains Euro, Cable, and Canadian Dollar (futures) setups (among others):

http://madscalper.com/videos/ghost_t....html?aid=8160

2 other videos are also available:

http://madscalper.com/videos/risk_re....html?aid=8160

http://madscalper.com/videos/NR7_QM/....html?aid=8160


Enjoy!


http://madscalper.com/MadGIFimages/madscalper_M.gif

Stock and rsi work best together. You all are missing a key point here. Over bought oversold isn't when a indicator is simply below a level. It's when there's a cross a reversal is happening. For example, rsi MUST cross above 30 from below 30 for a buy signal. Stoch k must cross above stoch d below the 20 line for a buy signal. Both signals together are amazingly accurate. Add macd levels to dictate current trend mixed with macd crosses to confirm reversal plus rsi and stoch crosses. You basically know a reversal happening. My backtesting of a algorithm I've developed showed 112 percent gains in 7 years. I'm still working on it, and believe it could reach much more. Will update on any increase in return, and returns over smaller timeframes.