High accuracy “Double CCI Trading System“. The Commodity Channel Index (CCI) is a momentum based technical trading tool used most often to help determine the market trend.
- Time Frame: M5 or higher
- Currency Pairs: Any
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- Use a demo account or a small live account first to practice this trading system
- CCI 8 and CCI 14 above 50 level
- 5 EMA > 10 EMA
- CCI 8 and CCI 14 below -50 level
- 5 EMA < 10 EMA
A basic CCI strategy is used to track the CCI for movement above +50, which generates BUY signals, and movements below -50, which generates SELL signals.
The longer the period chosen (the more bars in the calculation), the less often the indicator will move below -50 or above +50.