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Technical Analysis Part III-Section IV: Commodity Channel Index (CCI)|Forex MetaTrader 4 platform, MetaTrader 4 trading platform, MetaTrader 4 platform download, MT4 India, MT4 trading platform, MT4 platform, MT4 trading, Forex trading MT4, MT4 in India, Forex MetaTrader 4 Broker, Forex MetaTrader 4 free download

 Forex ARIYALUR,  Forex Trading ARIYALUR,  Forex Brokers ARIYALUR,  Forex Training ARIYALUR,  Forex Online Courses ARIYALUR Technical Analysis Part III-Section IV: Commodity Channel Index (CCI)  Forex ARIYALUR,  Forex Trading ARIYALUR,  Forex Brokers ARIYALUR,  Forex Training ARIYALUR,  Forex Online Courses ARIYALUR   Section IV: Commodity Channel Index (CCI) The CCI measures the difference between the last typical price [(high + low + close)/3] and the average of the means over a chosen period of time. The result is then compared to the average difference over a chosen period of time and multiplied by a factor. Remember it is not important to understand the formula, what is important to understand is the CCI behavior over different scenarios and how we could use it in order to get better results. About 80% of the time the CCI stays between the +100 and – 100 values (varies depending on the number of periods chosen). A move above or below this levels indicates a strong move. Usage of CCI Usage No 1 – As almost all oscillators, it indicates overbought/oversold conditions. When the CCI reaches levels above +100 (overbought) or below -100 (oversold) and crosses back to the neutral zone (between +100 and – 100) a signal is given. In […]


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