Best CCI for 4 Hour XAUUSD Chart

Adding MT4 CCI Indicator

Step 1: Open the Navigator Window Panel on Gold Trading Platform

Open Navigator window as illustrated & shown below - Go to 'View' menu (then click) & then select 'Navigator' window (click), or From the Standard Tool Bar click the 'Navigator' button key or press short cut keyboard keys 'Ctrl+N'

On Navigator window panel, select 'Technical Indicators', (DoubleClick)

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Step 2: Expand the XAUUSD Indicators Menu on the Navigator

Expand the menu by clicking the expand button marker (+) or double click the 'indicators' menu, after this the button will appear as (-) and will now display a list as shown below - select the CCI indicator from this list of xauusd indicators so as to add the CCI technical indicator on the gold chart.

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How to Add Custom CCI XAUUSD Indicator to MT4

If the CCI technical indicator you want to add is a custom indicator - for example if the CCI technical indicator you want to add is a custom indicator you will need to first add this custom CCI technical indicator in the MT4 software and then compile custom xauusd CCI indicator so that the newly added CCI custom xauusd indicator pops up on the list of gold custom indicators in MetaTrader 4 software.

To learn how to install xauusd CCI indicator on MT4, how to add CCI indicator window to MT4 and how to add CCI custom indicator on MT4 - How to add a CCI xauusd custom indicator on MT4.

CCI XAUUSD Trading Indicator Described

Commodity Channel Index XAUUSD Technical Analysis & CCI Trading Signals

CCI technical indicator measures the variation of gold price from its statistical mean(statistical average).

This Commodities Channel Index technical indicator is an oscillator which oscillates between high levels and low levels

When the Commodities Channel Index technical indicator is high it shows that gold price is unusually high when compared to its average.

When the Commodities Channel Index technical indicator is low it shows that gold price is unusually low compared to its average.

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CCI XAUUSD Indicator Technical Analysis & How to Generate Trading Signals

CCI Overbought and Oversold Gold Trading Levels

Commodity Channel Index technical indicator typically oscillates between ±100.

CCI XAUUSD Indicator values above +100 indicate overbought conditions & an impending gold price correction.

CCI indicator values below -100 indicate an oversold conditions & an impending gold price correction

Buy Trading Signal

If Commodities Channel Index indicator is oversold, levels below -100, then there's a pending gold price correction.

CCI over sold levels will remain intact until CCI technical indicator starts to move above -100.

When gold price starts moving above - 100 then that is interpreted as a buy signal.

The CCI indicator buy signal should be combined with a xauusd trendline break signal to confirm the buy signal.

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Sell Trading Signal

If the CCI indicator is over bought, areas above +100, then there's a pending gold price correction.

Over bought levels will remain intact until Commodity Channel Index technical indicator starts to move below +100.

When CCI starts moving below +100 then that's a interpreted as sell signal.

This CCI indicator xauusd sell signal should be combined with a xauusd trendline break signal to confirm the sell signal.

Best CCI for 15 Minute Gold Chart - Best CCI for 5 Min Gold Chart - Best CCI for 1 Min Chart XAUUSD

Divergence XAUUSD

Bullish Gold Trading Divergence Setup

Bullish gold trading divergence occurs when price is forming new lows while the CCI technical indicator is failing to surpass its previous low.

This is a buy signal because the gold divergence will be followed by an upwards gold price correction.

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Bearish XAUUSD Trading Divergence Setup

Bearish XAUUSD Trading Divergence occurs when price is forming new highs while the CCI technical indicator is failing to surpass its previous high.

This is a bearish xauusd signal because the divergence will be followed by a downwards gold price correction.

Best CCI for 15 Minute Gold Chart - Best CCI for 5 Min Gold Chart - Best CCI for 1 Min Chart XAUUSD