Frank G Zarb School Of Business

The CCI indicatorwell often known as commodity channel index was designed by Donald Lambert. The aim of designing this indicator was to identify the recurring turns in price. This CCI is a momentum indicator that will decide the point of price relative to transferring common. This indicator will give signals each time the market is overbought and when a trade is weakening. The sign is indicated in a single line, which swings in the ranges of +200 to -200 and this indicator can be used in two ways: one way is it can be used as an oversold indicator. Right here on this when CCI indicator moves over +100, it represents a robust uptrend and then over +200 values will measure the overbought space. On this case sell order will be positioned when the line crosses +100 levels. And the second manner is to measure the deviations on or … Read More