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  #1  
Old 23-09-2017, 16:46
Level II Lasers Member
 
Join Date: Jul 2015
Posts: 37
Default 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.
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Old 08-02-2018, 09:50
Level IV Lasers Member
 
Join Date: Apr 2016
Posts: 127
Default 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.
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