Indicator Commodity Channel Index

One more very popular indicators is Commodity Channel Index which task is to specify a price range which moves in a certain direction. It is placed in the section Indicators - Oscillators

and it looks as follows:

In settings it is possible to expose the period, to change color, width and type of the line, to specify value of levels.

When the indicator crosses level -150 from below up – we will sell, and we will buy when the indicator crosses level 150 from below up, as shown at the pic below.

The indicator CCI is well combined with MACD indicator as joint indications of this duet will be very productive.

This assistant will suit beginners and those traders who use the technical analysis in the trade. I wish you high profit.

This indicator can be discussed at forum