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Commodity Channel Index (CCI)

COPPER 15M INTRADAY TRADING STRATEGYMCX Copper Intraday Trading Strategy Now, the first thing you must understand is how the CCI works in relation to the price and the moving average: CCI is measuring how fast the price moves away from an average price (20-period MA). The further the price moves away from the 20-period MA, the stronger the momentum. When the price is hugging the 20 MA means that it’s lacking momentum. When the price is pulling from the MA it signals momentum. Now, we still haven’t used the CCI readings, which is the missing component you’ll learn next. The relationship between the price and the moving average is just not enough to trade copper profitably. So read on… The CCI indicator will help you measure the strength of Copper momentum. This will help us decide if it’s worth to pull the trigger and trade Copper. Here is what you must know: If you want to buy Copper the price has to cross and close above the 20-period moving average. At the same time, the CCI must cross above the zero line. for this particular copper trade setup, futures traders can hide their stop-loss below the candlestick that triggers the trade for a long position. At the same time, the profit target needs to be multiple times as much as your stop-loss to help you balance the risk. Note* A break below the 20 MA can be a good profit-taking strategy. Moving average breakouts are known for signaling a trend reversal.
OANDA:XCUUSDLong
by Tradingstrategyguides
2
Visual CCI with Smoothing OptionVisual CCI by Bert2020 Displays the CCI (Commodity Channel Index) indicator with background colors making it more readable when the values go outside the bands. Here's a list of included features: All the CCI parameters (length and band limits) are configurable from the user interface. The smoothing option (off by default) helps eliminate some noise by applying EMA when CCI values are outside the defined limits . It also merges events that belong in the same trend. The colors and line styles are all configurable including the band and shape backgrounds.
by bert2020
USDCAD 120min CCI turn signals diver retest hi TLBThis could have been posted 2-3 hr ago but trading comes first. There are still pips available, but more importantly the turn signals were so clear that the value is in the tutorial. The first warning that uptrend was waning came with strong CCI divergence from price Second, there was an abc down which corrected back up to retest the high (following divergence) at the CCI high of the price hi retest, the CCI had a short signal with slanted rooftop. Together, those were a first signal short. Third, CCI crossed down thru an up-trendline giving a later signal short. Reversal signal would be when CCI crosses back up thru a down-trendline on CCI (not shown)
Education
by nicker
BEST COMMODITY INTRADAY TRADING STRATEGY Before we outline the best commodity intraday trading strategy, it’s important to understand that trading commodities are different from trading Forex or stocks. Every financial asset has its own set of unique characteristics. The commodity market has its own behavior, that’s why some strategies are more suitable than others to generate profits from commodity trading. We’re going to reveal some of the most well-kept commodity trading secrets only known by successful commodity traders. Let’s now see what commodity trading strategy you can use to buy and sell products in the commodity market. Here is the link to "Best Commodity Intraday Trading Strategy" pdf. tradingstrategyguides.com
TVC:USOILEducation
by Tradingstrategyguides
USDCAD 240 min Short. CCI lessons on end of continuationThe apex of triangle on CCI is below zero, favoring down. The move continues down from the previous CCI short signals. Because there is now a CCI divergence, two new things may be on the horizon. 1) at some time, the price is likely to be revisited where it was when the CCI low prior to the divergence occurred. 2) normally a CCI divergence occurs before trend can change direction. CCI now has a diver, but before the price turns up, usually price needs to retest the low or drop lower. The only exception to this is if CCI spurts north so fast that it crosses up thru the zeroline before pulling down a bit Direction change to Long requires what is described in 2) above, and requires a CCI crossing up thru a down-trendline and moving above -100.
Education
by nicker
What Indicates That The Bullish Momentum On EURGBP Is About To EIf we look at the 1H chart, we can see the EURGBP is in strong and long bullish momentum, the indication that this bullish momentum is about to end is the combination of the supply above and The CCI indicator divergence, on the 1D chart we can see the price is just about to hit the supply above, this supply seems fresh and it’s the first time the price will touch it, on the 1H chart we can See also a clear divergence between the CCI and the price, while the price creates a higher high, the CCI indicator creates a lower high, the combination of the supply and the divergence creates a Great opportunity for sell position at the supply above.
Short
by the5erstrading