Blog : CCI - Commodity Channel Index Indicator
CCI - Commodity Channel Index
The Commodity Channel Index (CCI) is a momentum oscillator used to identify overbought and oversold levels by measuring an instrument's variations from its statistical mean. This versatile indicator is also used to find reversals and divergences. Initially designed for identifying trends in commodities, CCI is now applied to a wide range of financial instruments.
| CCI Inputs | |
|---|---|
| Period | 20 |
| Source | hlc3 |
| Upper Band Level | 100 |
| Lower Band Level | -100 |
| Long - Entry Trigger | Long - Exit Trigger | Short - Entry Trigger | Short - Exit Trigger |
|---|---|---|---|
| CCI crossover Upper Band | CCI crossunder Upper Band | CCI crossunder Lower Band | CCI crossover Lower Band |
| Long - Entry Confluence | Long - Exit Confluence | Short - Entry Confluence | Short - Exit Confluence |
| CCI > Upper Band | CCI < Upper Band | CCI < Lower Band | CCI > Lower Band |