[pubison]

Hi,

I like to use support and resistance lines on a CCI for entry and SL. It seems that when the indicator closes past these levels price tends to move in that direction for a couple of candles and with a good amount of momentum. I attached a .jpg to show what I mean. To me using support and resistance on the indicatorseems to work better then when used on price.

I have been looking for an indicator or EA (without any luck) where I can draw a horizontal support/resistance line on a CCI window so that when the indicator closes passed the support/resistance line a position will open or an alert will sound. I'm sure something like this could be useful on a MACD or other indicators. If anyone has any leads for or uses a method like this me please let me know. Thanks!