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Steve,
FWIW, the CCI (Commodity Channel Index) is very similar to the BB
Oscillator, both in definition and when plotted. Compare the two and you
will see that their high and low peaks occur at about the same time. Also,
please note that the 16-day moving average of the CCI looks very much like
the MACD.
I just thought this might be of interest to some.
Tom Strickland
At 09:53 AM 12/14/1999 -0800, you wrote:
>CMA:
>
>One way to clear up the confusion is to: PRINT THE ATTACHED CHART (from the
>original post). Then take a straight edge and follow the indicator and when
>it penetrates zero (from above), you should be able to discern that the
>following day a new position is created (sometimes this adds to the
>position, other times it closes existing positions and reverses). When the
>indicator penetrates 100 (from below) all the same rules apply. I don't
>know how to explain it in more simplistic terms. Gee, I would hate to have
>to explain "Cybercast" ... it has two rules, instead of one and I'm
>beginning to believe that might be a bit much for the public to have to
>"suffer" through. Sorry, but english is my second language (Detroitese is
>my first).
>
>Steve Karnish
>Cedar Creek Trading
>http://www.abbracadabra.com/cybercast/
>----- Original Message -----
>From: CMA <cma6@xxxxxxxxx>
>To: <metastock@xxxxxxxxxxxxxxxxxx>
>Sent: Tuesday, December 14, 1999 7:39 AM
>Subject: Trading System
>
>
>>
>>
>> There has been talk of a free trading system but this
>> is all I have seen. The trading rules are unclear.
>>
>> BB Histogram:
>> > ((C+2*Std(C,20)-Mov(C,20,S))/(4*(Std(C,20)))*100)
>> Sell the opening
>> > days after the BB Histogram penetrates 100 and buy
>> when it penetrates
>> > zero. Add to positions when the BB Histo leaves
>> "above 100" or "below
>> > zero" and then "repenetrates" the trigger levels
>>
>> What does this mean? Do you sell the opening after
>> Historgram penetrates from below or above 100. Same
>> question for penetrating 0.
>> What precisely does the last instruction about adding
>> questions mean? Has anyone been able to figure out
>> these trading rules precisely?
>> Thanks, CMA
>>
>>
>> __________________________________________________
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>
>
>
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