What is CCI Indicator Forex Buy Signal and Sell Signal?
CCI Indicator Buy Signal
How to Generate Forex Buy Signal Using Commodity Channel Index Indicator
Steps on how to generate forex buy signals using CCI indicator:
This Commodity Channel Index indicator buy signal guide explains how to generate forex buy signals using the CCI indicator as shown below:
Buy Signal
If the Commodity Channel Index indicator is oversold, areas below -100, then there a pending market correction.
The oversold areas will remain intact until Commodity Channel Index indicator starts to move above -100.
When price starts moving above -100 then that is interpreted as a buy.
The Commodity Channel buy signal should be combined with a trend-line break signal to confirm the buy.
How to Generate Forex Buy Signals Using CCI Indicator
CCI Indicator Sell Signal
How to Generate Forex Sell Signal Using CCI Indicator
Steps on how to generate forex sell signals using CCI indicator:
This CCI indicator sell signal guide explains how to generate forex sell signals using the CCI indicator as shown below:
Sell Signal
If the Commodity Channel Index is overbought, zones above +100, then there a pending market correction.
Over bought levels will remain intact until Commodity Channel Index indicator starts to move below +100.
When price starts moving below +100 then that is a interpreted as sell.
This Commodity Channel sell signal should be combined with a trend-line break signal to confirm the sell.
How to Generate Forex Sell Signals Using Commodity Channel Index Indicator