The Commodity Channel Index (CCI) doesn’t have a wide array of variables you can manipulate. There is basically a setting, in most programs, as to how many time periods you want the computer to calculate the trading index on.
Generally I use a 14 period setting, although I have used 10 and 16 at different periods of my trading life. I think I have pretty well settled on fourteen. I have back tested a wide variety of potential combinations and found 14 has the best track record, although the difference between fourteen and sixteen is negligible, at best.
So, set your CCI on fourteen plot your pivot points and start looking for great entry points.
Have I told you that most investment companies will late you paper trade for 30 days or more?
I work with Josh Alexander at Infinity Futures and found him and the company most helpful and efficient.
Okay, the Olympics are over, so lets get to work and make some money….and have a wonderful day.
