CCI: The CCI is a market indicator used to track market movements that may indicate buying or selling.The CCI compares current price to average price over a specific time period.Different strategies can use the CCI in different ways, including using it across multiple timeframes to establish dominant trends, pullbacks, or entry points into that trend.Some trading strategies based on CCI can produce multiple false signals or losing trades when conditions turn choppy.
Pattern name: Strategy name
Time interval: Candlestick or bar Timeframe
Signal Direction: Bullish or Bearish
CCI: The Commodity Channel Index is an ascillating indicator.
Index: CCI Value
Method: Break, When CCI Line surpasses certain value on the CCI indicator.
Effect: Select “Below to Above” ,“Above to Below” or Touch. The index functions -Below/Above- in coordination with Second index or Target level.
Target Level: The CCI typically oscillates above and below a zero line.
Target Symbol: Add target symbol.
Time Scope: Timeline for the strategy
“Create and save” or “Create and Add New Indicator”: Select “Create and Save” if building a strategy with one indicator, or select “Create and Add New Indicator” if adding an additional indicator to the strategy.