Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in)

CCI-4 Strategy

41 sec read

Next to RSI-2 My eyes are always around CCI-4 Strategy.
 
Unfamiliar with the CCI? Read this StockCharts.com primer. In a nutshell, CCI looks at how far an asset has diverged from its moving average relative to how far it “normally” divergences. CCI usually oscillates between +/-100, but will exceed those levels when the market makes a significant move.
 
Strategy rules: go long at today’s close when the 4-day CCI closes below -100 and exit that position when the 4-day CCI closes above 0. go short at today's close when the 4-day CCI closes above +100 and exit that position whent the 4-day CCI closes below 0
 
For More information about this strategy visit MarketSci
 

Weekly Shangai Composite Index-China

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Weekly Nifty Index-Inida

Weekly Charts of Chinese Markets and Indian Markets shows overheated markets as Weekly CCI-4 is above 100. Also Weekly
RSI-2 of chinese market is at 98.2 shows extremety overbought markets.

Even Weekly charts of CCI-4 is above 100 shows that the rubber band of the Indian Market is getting overstreched. Possibly a Bear Trap for both chinese and Indian Markets. 

 
 
Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in)

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