Best short term oscillator?

[ChartMan]

You can take CCI as an "above and below" type indicator. Loosely, when above zero, we tend to go up, and below zero we tend to go down. You can simply use supprt and resistance trendlines to enter and exit trades. Frequently, a bounce around zero will be a good entry. The most powerful and consistently prefoming use is by divregence, either positive or negative. When confirmed by RSI 14 , 3 peaks, AND a timescale of a MINIMUM of 20 minutes, it rarely fails to deliver.Like everyting, spend time practising and evaluating the results of various scenarios presented by CCI, if that is what you are going to use.

 

[mercury7]

thanks chartman and madasafish for replies, will spend time practising, which is what its all about at first. And then when Ive proved can make sense of it all use it for trading purposes.

 

[mmillar]

Does anyone use CCI with eSignal?

I'm just trying to convert what has been said above into something sensible on my eSignal charts.

Thanks