This indicator is actually a very efficient oscillator,
This system is a unique combination of indicators and , 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 that I set to 20.
*Note that in index 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 , which I have considered as a value of 9.
Zone +75 to +200 = positive range or incremental price or
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
->How to use:
Buy = In the range, if line intersects line upwards and goes to the neutral zone.
None = if the index (or index lines) collide in the neutral zone
Sell = In the range, if line intersects line 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.
With great respect to:
Who had published the main idea of this system.