Commodity Channel Index Indicator
Commodity channel index which is also called CCI is a very popular indicator that is used to detect overbought and oversold markets. This is very easy to use.
This article explains how to use this indicator. The buy signal is generated when the commodity channel index is below the oversold line and when it crosses above the oversold line.
The sell signal is generated when the commodity channel index is above the overbought line and when it crosses below the overbought line.
An image is given for you to understand easily how to use this indicator.




















