Yes, that's the manual I was referring to. Actually I was looking forward to Martin's webinar because I had been disillusioned by cci in the past as I mentioned. Maybe that sentiment didn't come across in my post. Then you had controversy about Woodies as I'm sure anyone can easily find out on the net.
I was interested in his take on CCI, and I wasn't disappointed and greatly enjoyed the webinar and his solid clear rules on using CCI.
My previous site instructor on CCI was too flaky with rules about it. Sure we had the 100,200 etc. level CCI too, but just "fuzzy" setups and "instinctual" "discretionary" rules. Similar use of using trendlines on the oscillator itself, but Martin was much more clear about it.
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If my memory is right, the lose definition of classic CCI is - it measure the distance of price from the given simple moving average. So, if CCI length is set to 20 every time the price crosss the simple moving average of 20 the CCI will also cross the zero line. It is might be easier to to see the divergance, mean reversion, trend on CCI then simple moving average. Trading with CCI is a version of trading using moving average.
i enjoyed the webinar thx to mike and martin. im a bit skeptical of the system but wouldnt mind checking it out. but i cant get my cci in sierra to look anything like his. is this something he is selling. i.e. i didnt get time to see full webinar yet. maybe he says in there. im going to try and watch some now, but i have a 2 year old and a 7 month old