cCI to open trades in oversold and overbought regions. An extremely overbought zone - CCI reading above 200, and an extremely oversold zone - CCI reading below -200. Submit by JanusTrader, pair: Any, time frame: 1H, 4H, daily. I usually go with Typical Price or Weighted Close.
Commodity Channel Index (CCI) Forex Indicators Guide
You can see that is not that often for. The trade is held as long as CCI trades above 100. We can open yet another Short trade. If we erase #2 event from the chart, we're trading in an overbought zone and continue to hold out Long position).
Buy, crossover Above Overbought, but only if it has previously reached Oversold Confirmation, Level (-150). On the example below you can see that we also had kapan waktu terbaik untuk trading forex another confirmation to close from Bollinger Bands: In most examples above I used CCI with 200. In that case cross with 100 line would be a good entry point. With longer periods you get fewer signals, but they are more accurate. It is up to you if you prefer to have faster, but less accurate signals or a little bit slower but more accurate. We change periods in the options window. 3 - The moment CCI exits 200 zone we should close all remaining Long trades and look to Sell. CCI indicator was created to identify bullish and bearish market cycles as well as to define market turning points, market strongest and weakest periods.
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