Saturday, January 24, 2009

CCI Cross Based Daily Swing Trade System



There are two ways to trade on this system. The first one (indicated by blue circle) is based on Signalline (black) cross out CCI Area (Green/Red) and that cross must occur above or below 100 line. This kind of setup offers about 60% success rate and you see that quite often, The second one (indicated by gold circle) is based on lower high cross or higher low cross (CCI form a lower high or higher low first then you see a cross). This setup is very likely to play out with around 70-80% success rate, but you don't often see that.


Setting: SPY daily chart, CCI (10,2) , enter the trade at EOD, exit at the next day's close, use previous day's high/low as stop.

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