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-   -   Which indicator is better for Forex trading: CCI or RSI ? (https://www.forexlasers.com/forums/forex-discussion/4201-indicator-better-forex-trading-cci-rsi.html)

Toney0198 23-09-2017 16:46

Which indicator is better for Forex trading: CCI or RSI ?
 
you should never hang your hat on one indicator....If your software can handle it you should have at least 3 indicators + a couple of SMA's and Bollinger bands.

Any one indicator will lie to you at any given time....however they rarely all lie at the same time. So both CCI and RSI are fine charting indicators....they are independent of each other so when both give a positive signal it is usually a good sign.

When I use indicators I chart their trends...not take note particularly where they are.

For example....rising into the so-called over bought range of RSI is bullish...trending out of it is mildly bearish...even though tha actual number is virtually the same.

BubbleGum 08-02-2018 09:50

Re: Which indicator is better for Forex trading: CCI or RSI ?
 
For me, RSI is a good indicator because it works for me. I do not know the other one. I have not yet worked with it so no idea how does it work.

chin100 19-03-2018 15:32

Re: Which indicator is better for Forex trading: CCI or RSI ?
 
There are many websites which give some indicators and you can make good money in Forex with the help of these indicators. You can get some forex indicators on this site actually in their database section.


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