The last 4 hours of trading on Friday:
Try to get a feel how this game works. On these charts, it doesn't matter whether we are in a Bull or Bear market, all that matters is the direction of the next handful of price bars. On the above chart, a nice Sell around 10:30 (Pacific) flipped Long at about 11:45. Then another Sell triggered at 12:00, but 4 bars later (about 20 minutes) Blue Wave and then ATR flipped Long and stayed Long into the close. On all of these signals, the Blue Wave CCI confirmed by oscillating over/under its zero line.
So what is this and why is it appearing now? If I had posted it Saturday, who would remember it? Most everyone will wake up Tuesday and read this pre-trading or early into trading, when hopefully it will mean something. Speaking of which, note where the systems will flip SHORT.
Any decline tomorrow that drops below 1015 and stays there, will be a tradable short-term Sell signal.
What I am finding is that although not perfect, these trading methodologies are keeping me on the right side of any meaningful trends. Although most of my posted charts are for much longer term periods, it is the shorter-term charts, 5 minutes down to one minute, that provide the nimble shorter-term trades.
Finally, I'll leave you with this thought: Blue Wave and ATR are objective, rule-based systems. There are trading platforms that understand this kind of system. Translate these rules into the right programming language and the signals are traded by the platform, as opposed to traded by a fallible trader.
"So easy a computer can do it."