Forex Indicator "CCI and 2 Moving Averages" for MT4
- Commodity Channel Index (CCI) is excellent for Momentum trading into the trend direction.
- " CCI and 2 Moving Averages" Indicator allows you to see Fast and Slow Moving Averages of CCI indicator
- Up trend - Fast MA is above Slow one; Down trend - Fast MA is below Slow one
- CCI is one of the most popular oscillators for trading - it measures the difference between the current price and the historical average price
- Option#1 - Open trade into the trend direction from center area of 50 to -50 values, Exit when indicator reach the area of 200/-200 correspondingly
- Important levels: +/-200, option#2 - to take Sell entries from above +200 zone and Buy entries from below -200 into the trend direction
- Indicator gives opportunities to see the trend change very early
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