The Commodity Channel Index or CCI Strategy is one of the technical indicators that most traders use. Truth be told, when it comes to trading, there’s no perfect indicator that can guarantee success. Though, it’s possible to boost your experience in Forex trading by learning and understanding the fundamentals of the CCI indicator 23/05/ · The CCI indicator was created by Donald Lambert and was initially used to identify cycles in the commodity market. However, it tends to perform the same in the stock market or the Forex currency market and even the cryptocurrency market for that blogger.comted Reading Time: 9 mins The logic for CCI Moving Average Crossover Trading Strategy is simple because we are combining both a trend following indicator as well as an oversold/overbought indicator. Moving averages can show you the approximate trend and change of trend when the crossover occurs; CCI is an oscillator that shows you whether the market is oversold or blogger.comted Reading Time: 3 mins
CCI Swing Trading Strategy | How To Trade The Commodity Channel Index (CCI) In Forex
The CCI Forex Trading Strategy is based on this forex indicator called the Commodity Channel Indicator CCI. Refer to this chart below for clarity about the trading rules of the CCI forex strategy written further below:. So there you have it, the CCI Forex Trading Strategy. Did you enjoy this? It would mean the world to me if you shared it with your friends by clicking those buttons below.
A bit of history about the History and Its Uses: [sociallocker] Commodity Channel Index CCI is an oscillator introduced by Donald Lambert in Though its name refers to commodities, it can also be useful in equities and currency trading as well. CCI measures the statistical variation from the average, forex cci strategy. Therefore, if values stretch outside of the above range, a retracement trader will wait for the cross back inside the range before initiating a position. CCI FOREX TRADING Forex cci strategy RULES Refer to this chart below for clarity about the trading rules of the CCI forex strategy written further below: Buying Rules For The CCI Forex Trading Strategy: Watch and wait for CCI value to go below oversold region and once it comes back and crosses above the line to go up, you place a pending buy stop order pips above the forex cci strategy of the candlestick after it has closed.
Place you stop loss below the nearest swing low or if the candlesticks is quite long, forex cci strategy, then place it anywhere from pips below the low of that candlestick. Your take profit target should be place at least more than 3 times what you risked.
So say, if your stop loss is 30 pips then set your take profit at 90 pips. Then Place you stop loss at the nearest swing high or if the candlestick is quite long, forex cci strategy, then place it pips above the high of that candlestick where you placed the sell stop order at.
Set your take profit target at 3 times what you risked. Thanks RELATED Parabolic SAR Forex cci strategy For Forex Trading. Prev Article Next Article.
CCI Indicator Strategy for Winning Trades
, time: 11:35How the Pro’s Trade Using the CCI Trading System
Forex Swing Trading Strategy #9: (CCI Swing Trading Strategy) This CCI Swing Trading Strategy is based on the Commodity Channel Indicator. A bit of history and lesson about the CCI: Commodity Channel Index (CCI) is an oscillator introduced by Donald Lambert in Estimated Reading Time: 3 mins The logic for CCI Moving Average Crossover Trading Strategy is simple because we are combining both a trend following indicator as well as an oversold/overbought indicator. Moving averages can show you the approximate trend and change of trend when the crossover occurs; CCI is an oscillator that shows you whether the market is oversold or blogger.comted Reading Time: 3 mins The Commodity Channel Index or CCI Strategy is one of the technical indicators that most traders use. Truth be told, when it comes to trading, there’s no perfect indicator that can guarantee success. Though, it’s possible to boost your experience in Forex trading by learning and understanding the fundamentals of the CCI indicator
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