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Exactly !
I prefer a 5-day simple smoothed StochCCI to avoid some unimportant
whipsaws.
If you want the full code let me know.
DT
--- In amibroker@xxxx, "nurudinkaba" <n.kaba@xxxx> wrote:
> Thank you Dimitris for all of your contributions...I would like to
> ask a few questions....for your StochCCI. What does [7,13] stand
for?
>
> The 7 for CCI period? 13 for the first level thresold and (100-13)
> for the other threshold(Buy/Sell Levels)?
>
> Thanks again
>
>
> --- In amibroker@xxxx, "Dimitris Tsokakis" <TSOKAKIS@xxxx> wrote:
> > Last June 5, 2001, I posted to this list the Tushar Chande
> Stochastic RSI and my Stochastic CCI.
> > http://groups.yahoo.com/group/amibroker/message/2394
> > I will not speak again for Stochastic RSI, we have seen a lot of
> details for this popular indicator, which
> > presents now an optimal solution [8-13-87] for QQQ, running at a
> +250% for the last 30 months.
> > Besides the difficult question of the selection of this [8-13-87]
> combination [although I read ...carefully
> > the messages, I have not seen any kind of explanation, serious or
> humorous, by the user of this combination]
> > I wrote that this +250% is not one of the best QQQ performances.
> > We have seen a lot of QQQ systems running between +500% and +600%
> or better.
> > I understand that it is not fair to compare different design
> approaches. It is very difficult for Stochastic RSI to
> > be competitive to D-ratio or RSIt or MeanRSI TTM.
> > So, let us compare the quite similar Stochastic RSI and
Stochastic
> CCI.
> > Beginning from March 2000 till June 2001, there were two almost
> equal solutions for the respective
> > StochCCI system, [I follow symmetric triggering just for the
> comparison under equal terms, my personal opinion
> > for symmetric triggering is analytically expressed in other
> postings]running at +303% and +302%, with
> > equal # of 10 trades/9 winners/1 loser, as you may see in the
> StochCCI 1 gif .
> > You could select one of them or both of them.
> > Now, one year later, we may see the [7,13] at +405% and the
[6,15]
> at +1199%.[StoCCI2 gif]
> > I do not believe that there were serious criteria on June 2001 to
> select the [7,13] or the [6,15].
> > CCI differentiation is almost invisible, if you change the period
> from 6 to 7.
> > You surely need a magnifier to separate BuyLevel=13 from
> BuyLevel=15 .
> > If we forget these details, a +1199% may sounds great.
> > It is up to you to decide if you prefer attractive calculations
or
> positive trading techniques.
> > Anyway, if you are interested in this invividualistic trading
style
> and if you prefer Stochastic oscillators, try
> > Stochastic CCI among the others. It is not popular but it is a
bit
> smarter.
> > Dimitris Tsokakis
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