Best CCI for 1 Hour Stock Chart

How to Add CCI Indicator in Meta Trader 4

Step 1: Open Navigator Window Panel on Software

Open Navigator panel as illustrated and shown below: Navigate to "View" menu (click it) and then choose "Navigator" window panel (click), or From Standard Toolbar click on the "Navigator" button or press short-cut keyboard keys "Ctrl+N"

On Navigator window, choose 'Technical Indicators', (Double-Click)

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Adding CCI MetaTrader 4 Technical Chart Indicator

Expand the menu by clicking the expand button marked (+) or double click the "indicators" menu, after this the button will appear as (-) and will now display a list as shown below - select the CCI indicator from this list of indicators so as to add the CCI indicator in the trading chart.

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How to Install CCI Indicator MT4

If the CCI technical indicator you want to add is a custom indicator - for example if the CCI technical indicator you want to add is a custom indicator you will need to first add this custom CCI indicator on the MetaTrader 4 software & then compile the custom indices CCI indicator so that the newly added CCI custom indicator pops up on the list of custom indicators on the MetaTrader 4 platform.

To learn how to install indices CCI indicator on MetaTrader 4, how to add CCI indicator panel to MT4 & how to add CCI custom indicator in MT4 - How to add a CCI custom indicator on MetaTrader 4.

About CCI Indicator Tutorial

CCI Technical Analysis & CCI Signals

CCI technical indicator measures the variation of price from its statistical mean/statistical average.

This CCI technical indicator is an oscillator which oscillates between high levels & low levels

When the CCI technical indicator is high it shows that trading price is unusually high when compared to the average.

When the CCI technical indicator is low it shows that price is unusually low as compared to the average.

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CCI Technical Indicator Analysis & How to Generate Stock Signals

CCI Overbought & Oversold Indices Levels

Commodity Channel indicator typically oscillates between ±100.

CCI Indicator values above +100 indicate overbought conditions & an impending price correction.

CCI indicator values below -100 indicate an oversold conditions & an impending price correction

Buy Stock Signal

If CCI indicator is over sold, levels below -100, then there's a pending price correction.

CCI oversold levels will remain intact until Commodities Channel indicator starts to move above -100.

When stock price starts moving above - 100 then that is interpreted as a buy trade signal.

The CCI indicator buy signal should be combined with a trendline break signal to confirm the buy trade signal.

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Sell Indices Signal

If the Commodities Channel indicator is over bought, levels above +100, then there's a pending price correction.

Overbought levels will remain intact until Commodity Channel indicator starts to move below +100.

When CCI starts moving below +100 then that is a interpreted as sell trade signal.

This CCI indicator sell stock signal should be combined with a trendline break signal to confirm the sell trade signal.

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Divergence Stock Indices Trading

Bullish Stock Divergence

Bullish divergence occurs when stock price is making new lows while the CCI technical indicator is failing to surpass its previous low.

This is a buy signal because the divergence will be followed by an upward stock price correction.

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Bearish Indices Divergence

Bearish Indices Divergence occurs when stock price is making new highs while the Commodities Channel indicator is failing to surpass its previous high.

This is a bearish stock signal because the divergence will be followed by a down-wards price correction.

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