Commodity Channel Index CCI ~ forex trading demo mt4
Commodity Channel Index (CCI)
CCI has been developed by Donald Lambert; it designed to detect beginning and ending market trends & provides an indication of overbought or oversold markets.
The CCI indicates the increasing in the prices compared to average prices as it moves towards +100.
As the CCI drops towards -100, it indicates that the price is increasingly low compared to average prices.
It provides a warning of
The CCI indicates the increasing in the prices compared to average prices as it moves towards +100.
As the CCI drops towards -100, it indicates that the price is increasingly low compared to average prices.
It provides a warning of
overbought and oversold markets when the line crosses the +100 or the -100 levels.
The actual buy or sell signal is usually provided, however, when the line then crosses back over the +100 or -100 level.
Buy signals are generated when CCI dropped below -100 & then come back up through this level.
Sell signals are generated when CCI dropped below +100 or make strong thrust above +100 & then dropped back up through this level.
Zero line crossings it confirms buy or sell signals.
More info for Commodity Channel Index CCI ~ forex trading demo mt4:
The actual buy or sell signal is usually provided, however, when the line then crosses back over the +100 or -100 level.
Buy signals are generated when CCI dropped below -100 & then come back up through this level.
Sell signals are generated when CCI dropped below +100 or make strong thrust above +100 & then dropped back up through this level.
Zero line crossings it confirms buy or sell signals.
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More info for Commodity Channel Index CCI ~ forex trading demo mt4:
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