With cci, forex traders look to buy when cci crosses above -100. similar to real estate investing, without the headache and a lot more fun, forex traders want to buy the “worse house in the best. In this trading strategy, we use donald lambert’s original article on the commodity channel index (cci) as a starting point to create a day trading strategy for forex markets.. formulating our cci day trading strategy. many traders use the cci indicator to find oversold and overbought markets.. Commodity channel index (cci) is an oscillator introduced by donald lambert in 1980. 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..
Traders often use the cci on the longer-term chart to establish the dominant trend, and on the shorter-term chart to isolate pullbacks and generate trade signals.. Cci trading strategies. cci (commodity channel index) was developed in 1980 by donald lambert. this indicator is an oscillator which helps to identify overbought or oversold markets periods, like the majority of indicators in this category..
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