CCI: Detecting New Trends and Extreme Cycles
The Core Idea: CCI measures the current price level relative to an average price level over a given period of time.
Mastering the Signal: Readings above +100 imply a strong uptrend, while below -100 imply a strong downtrend.
Survivor’s Edge: While designed for commodities, it works wonders on Crypto and Forex for identifying the start of a “Breakout” move.
Link: CCI Standard