Commodity Channel Index Technical Indicator CCI measures the deviation of the commodity price from its average statistical price. High values of the index point out that the divergent is unusually high being compared with the average one, indicators low values show that the measures is too low. In spite of its name, the Commodity Channel Index can be applied for any financial instrument, and not only for the wares. There are two basic techniques of using Commodity Channel Index: Commodity Channel Metatrader Commodity Channel Measures Technical Indicator CCI measures the deviation of the commodity price metatrader its average statistical price. Finding the divergences The divergence appears when the price reaches a new maximum, and Commodity Channel Index can not grow above the previous maximums. This classical divergence is normally followed by the price correction. Calculation To find a Typical Price. You need to add the HIGH, the LOW, and the CLOSE prices of each bar and then divide the indicators by 3. Trading Platform Mobile Divergent Market Signals Automated Trading Download For Brokers Company CopyrightMetaQuotes Software Corp.
Divergence Alert Indicator For MT4 Review - Is It A SCAM?
Divergence Alert Indicator For MT4 Review - Is It A SCAM?
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