Forex “TLab CCI Signal Trend Trading System” – The commodity channel index (CCI) is an oscillator used to identify cyclical trends in security.
First of all, you should remember that the CCI indicator is not a good standalone tool. Like any other oscillator, the CCI needs to be combined with an additional trading tool.
- Time Frame: M30 or higher
- Currency Pairs: Any
MetaTrader Trading Indicators
- TLab CCI
- Signal trend
- BBands Stop
- Relative Strength Index
BUY Rules
- TLab CCI: Above level 0 line
- Signal trend: Green line
- BBands Stop: Green line
- Relative Strength Index: Above level 55 line
SELL Rules
- TLab CCI: Below level 0 line
- Signal trend: Red line
- BBands Stop: Red line
- Relative Strength Index: Below level 45 line