A. Often, especially in a trending market, the signal is quite clear. The sort of vacillation which you mention does indeed occur at times, and different people have different ways of handling this. It's the sort of nuance which you can pick up in the chat room. An example of one way of compensating would be to not take the trade unless there's a significant slope on the 34 ema.
A. The cci settings are documented on the site, the main cci is 14 period close, the turbo is 6 period close.
A. The zlr is not dependent on the indicator first being at extremes, however a sharper angle is better as it approaches the zero line. Again, this isn't a pattern which you'd necessarily rely on in a really flat market.
A. Good zlr signals can be seen at anywhere from +/- 50. In a strong trending market, you'll often see the cci close to zero during the bar's formation, but then when it prints it will close above/below 50.
A. Depends on how far above zero it gets.
These are nuances which you can see better when you're watching it live and in action. Try setting the cci up on your charts and watching it for a bit, while you continue to study the materials posted on Woodie's site. When you feel comfortable, come and join us in the chat room, even if only for the 7 day Hotcomm trial.
By the way, they have another plan in between the monthly and annual. When I first licensed Hotcomm Lite, I chose the 3 month plan for $49.95. Well worth it if you find the information presented in the various rooms to be of interest. I've since upgraded to Hotcomm Standard, since it allows you to be in more than 1 room at a time at $59.95 for 3 months.
Dave, hope this helped
MarkB
