Hi,
As far as CCI indicator by itself is conserned, I only had success with it on longer timeframes, like daily or weekly. Same is true for most other indicators. The drawback of using them on daily charts for example is that your stop loss is usually placed based on technical levels( like previous day's low or last weeks high) which can be 30-60 pips away from your entry. Therefore you should have the patience to bear a trade which is in a loss for a while before you see profits.
Have a good weekend,
Steven
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