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Sunday, February 06, 2005




Here's my Barbara underwater background chart. Gonna run a replay on this after the game ends. I slapped on thefed's CCI-Bollinger Bands creation. Here's an example of his. The basic premise behind it (as I understand it to be) is that the CCI zeroline is not really stationary, therefore we see now a moving zeroline with some bollinger calculated bands around it. thefed does not use Woodie's 14 CCI on his chart, but I am for testing purposes. I'm also overlaying it on my regular CCI setup.

One thing to expect is that this CCI-BB thing will "float." That's the same thing seen with some other fed ideas I've come across including the detrend oscillator on top of the CCI and the 3 wma. It's not much of a problem in realtime (most of the time), but it does mean that what you are looking at on an EOD chart will not correspond to what was actually seen during the day. So any picture perfect band rejections or middle line CCI zlr's that can be seen on the chart above probably didn't appear that way in realtime.



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