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URL:  https://boards.fool.com/4321rewq-thanks-for-stopping-by-by-way-of-34993649.aspx

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

4321rewq-
thanks for stopping by...

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

But:

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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