Best CCI for 1H Chart, 4 Hour Chart and Daily Chart

How to Add CCI Indicator in MetaTrader 4 - Adding MT4 CCI Indicator

Step 1: Open Navigator Window Panel on Forex Trading Platform

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

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

Best CCI for 1 Hour Forex Chart and 4 Hour Chart - Best CCI for Daily Chart

Step 2: Expand the Forex Indicators Menu on the Navigator - Adding CCI MT4 Chart Indicator

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 forex indicators so as to add the CCI indicator on the forex chart.

Best CCI for 1 Hour Forex Chart and 4 Hour Chart - Best CCI for Daily Chart

How to Add Custom CCI 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 indicator in MetaTrader 4 platform & then compile custom forex CCI indicator so that the newly added CCI custom forex indicator pops up on the list of forex custom indicators in MetaTrader 4 software.

To learn how to install forex 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 forex custom indicator in MetaTrader 4.

About CCI FX Indicator Guide - CCI Forex Indicator Explained

Commodity Channel Index - CCI Technical Analysis and CCI Signals

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

This CCI indicator is an oscillator which oscillates between high zones & low levels

When the CCI technical indicator is high it shows that FX price is unusually high when it is compared to its average.

When the CCI technical indicator is low it shows that FX price is unusually low when it is compared to its average.

Best CCI for 1 Hour Forex Chart and 4 Hour Chart - Best CCI for Daily Chart

CCI Technical Indicator Technical Analysis & How to Generate Signals

CCI Overbought & Oversold Forex Trading Levels

Commodity Channel Index technical indicator typically oscillates between ±100.

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

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

Buy Forex Signal

If CCI indicator is oversold, zones below -100, then there's a pending forex price correction.

Commodity Channel Index oversold zones will remain intact until CCI technical indicator starts to move above -100.

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

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

Best CCI for 15 Min Chart, 5 Min Chart and 1 Minute Chart

Sell Forex Signal

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

Overbought zones will remain intact until Commodity Channel Index technical indicator starts to move below +100.

When Commodity Channel Index starts moving below +100 then that is a interpreted as sell signal.

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

Best CCI for 15 Min Chart, 5 Min Chart and 1 Minute Chart

FX Divergence Forex Trading

Bullish Forex Divergence

Bullish forex divergence occurs when FX trading price is making new lows while the CCI indicator is failing to surpass its previous low.

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

Best CCI for 15 Min Chart, 5 Min Chart and 1 Minute Chart

Bearish Forex Trading Divergence Setup

Bearish Forex Divergence occurs when FX trading price is making new highs while the CCI indicator is failing to surpass its previous high.

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

Best CCI for 15 Min Chart, 5 Min Chart and 1 Minute Chart