Hehhe.. found the quote: url Hope that helps..

People who don't know why it works..

John Bollinger talks about it, and he's probably the clearest reference about it. Asking RSI and CCI.. That's like Asking your mom who's the cutest kid, and then asking your dad to confirm it. You can't ask two indicators who have the same data.. ...

People who don't know why it works..

The way I generally interpret it is this: RSI is relative to itself and 0 and 100. CCI is just relative to itself. When you "unbind" RSI, it looks like CCI and visa versa. (except blueruby doesn't think so..) Seriously folks, pull up a chart, take a ...

People who don't know why it works..

At the heart of both, is the Moving Average.. Because of this, when you set the # of periods to be the same, they will look almost alike.. Forget what I say, LOOK AT THE CHART.. Don't even trust my chart, pull up a CCI and an RSI for yourself..

People who don't know why it works..

Apologies if I offended in you the process..

People who don't know why it works..

Seriously man, not to be rude, but you haven't given me much proof that they are "very different" which is what you seem to be implying.. They look almost exactly the same to me, and that's because the base information in which they are derived are ...

People who don't know why it works..

There was some paper about this; from some place like Sweden or Norway.. That covered this. I have it somewhere in my halls of forex docs.. That said, it really is just much easier to make it on excel.. I however want to press upon you that when ...

Money Management Strategies Thread

Your default is what?? What the program set for you? (I know you're a noob, but you know you can change the parameters right???) I know people who use MACD(12,26,9) and I know people who use MACD(5,13,1). What is "default"? And if you don't think ...

People who don't know why it works..

Ooops! I forgot to add that increase RSI flattens out the graph, but the points of peaks and valleys remain the same.. But as a Noob, I know you knew that right? As to Taters.. What you say is absolutely true; there's too much information... But if ...

People who don't know why it works..

Yep, that's what this board needs, a bunch of newbies revolting against those who have been newbies before.. Great idea! You probably don't know much Chinese history, but there was a Chinese Emperor that burned all the teachers.. You might try that, ...

People who don't know why it works..

Dear Blueray.. I've noticed you picked a chart two different periods for the RSI and CCI.. It says RSI(14) and CCI(20).. I guess I can pick SMA(100) and EMA(200) and say they have nothing to do with each other... BUT.. So I guess you are calling me ...

People who don't know why it works..

Thanks for the kind words.. BUT that said, If you are on a ship for 6 months and eating only raw fish and whatever dead sea gulls you can catch, then yeah, vitamin C is a GREAT IDEA!! image image In the last few months, I have become a more ...

People who don't know why it works..

Yes, but when you ask him a question, and he says "It just works, I have no idea how.." then that's probably the only time he's telling you the truth. I'd go to Donald Trump for real estate advice, and Buffett for investment advice.. Why?? Because ...

People who don't know why it works..

Agreed!

how often do you change your system?

Kermut, That's not what I mean at all.. Imagine a post that started: "Hi I'm a newbie and looking for information on the MACD. I have searched and read all that I could find, but still am not satisfied with what I am getting as far as information." ...

People who don't know why it works..

This is what I tell my students: Before you ask, type it into google, chances are you'll find your answers.. If that simple rule was obeyed, there'd be 90% fewer posts on every board in the world.. I liken it to the camera forums like dpreview.com ...

People who don't know why it works..

Because they never learned about expectancy.. What is expectancy? Easy to sum up: Expectancy = how you turn a desert into a multi-billion dollar gambling industry..

People who don't know why it works..

Of course I remember what it was like to be a newbie.. But this is what I also remember: "Chapter One ~ Intro to Forex".. but right before it... "Chapter ZERO ~ HOW TO USE THE SEARCH FUNCTION."

People who don't know why it works..

In my opinion, the secret is to know a winning system, and not share it.. Because if you shared it for free, they will poo-poo all over it.. But if you charged them $10,000 for a seminar, then they will kiss you like a Grecian god and believe every ...

Sharing hurt your method?