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Subject:  Re: CCI signals Date:  12/4/2021  5:30 PM
Author:  tpoto Number:  950 of 1006

thanks for stopping by...

By way of extensive backtesting, no, other than
previous momentum posts here to find buying opportunities.


As an example of one backtest, using DDOG, a favorite COVID-19 cloud stock-
you'd be up about 20% for 2021 YTD (and closer to a 100% after Friday's huge drop)
if you held the stock only when the CCI(20) was above 30.
That was the max as determined by Excel's solver function.
I suppose that one could use(code in) other periods for the CCI calculation and
then using a moving average of that index, but that's for another day.

Haven't set it up on a spreadsheet, but mentioned in previous posts,
when CCI crosses over 0, it's normally on its way up for a while and
when it crosses much below 100 it normally on its way down for a while.

Again, for me, it just another technical indicator to see if I should
act on a particular stock or move on to another one that has better numbers.

In some other cases a backtest did not yield huge increases, but seemed
to warn you of a declining trend. MSFT had four downturns in 2021, and
the CCI fell below 100 early in each of those cases.
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