Compact mode

Commodity Channel Index (CCI)

Known for Identifying Cyclical Trends

Table of content

General Information
Characteristics
Facts

Application
Technical Details
Usage
Evaluation
Performance Metrics
Alternatives
FAQ

General Information

Indicator Type 📊

The category or classification of the trading indicator based on its primary function and analysis method.

Momentum

Commodity Channel Index (CCI) is a Momentum type indicator. Measures rate of price change, ideal for identifying strong trends Click to see all.
Asset Class 💰

Specifies the financial instruments for which the indicator is most commonly used

Commodities

The asset classes Commodity Channel Index (CCI) is typically used for are Commodities. Trading indicators optimized for commodity markets like oil, gold, and agricultural products. Click to see all.

Forex

The asset classes Commodity Channel Index (CCI) is typically used for are Forex. Indicators optimized for currency pair trading in the foreign exchange market. Click to see all.
Made In 🌍

The country or origin of the trading indicator

1980

Commodity Channel Index (CCI) was developed in 1980. Trading indicators created at the start of a new decade

Characteristics

Lagging or Leading 🏁

Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.

Leading

Commodity Channel Index (CCI) is a Leading indicator. Indicators that predict future price movements Click to see all.
Complexity Level 🧑

Indicates the level of expertise required to effectively use the indicator

Intermediate

The complexity level of Commodity Channel Index (CCI) is Intermediate. Indicators balancing complexity and usability for traders with some experience. Click to see all.
Popularity 🏆

Indicates how widely used and recognized the indicator is in the trading community

Medium

The popularity of Commodity Channel Index (CCI) among traders is considered Medium. Indicators with balanced adoption and potential effectiveness

Facts

Interesting Fact 💡

An intriguing or lesser-known fact about the trading indicator

Originally developed for commodities
Sarcastic Fact 😉

A humorous or ironic observation about the trading indicator

It's like a mood ring for the market - changes color frequently

Application

Timeframe 🕑

The time intervals or periods for which the trading indicator is most effective or commonly used.

Daily

Commodity Channel Index (CCI) is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.

Weekly

Commodity Channel Index (CCI) is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.

Technical Details

Calculation Method 🧮

The mathematical or analytical approach used to compute the trading indicator's values.

Oscillators

Commodity Channel Index (CCI) uses the Oscillators calculation method. Indicators that oscillate between fixed values to show overbought or oversold conditions. Click to see all.
Signal Generation 📊

Describes the methods by which the indicator produces trading signals

Thresholds

Commodity Channel Index (CCI) generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met

Breakouts

Commodity Channel Index (CCI) generates trading signals through Breakouts. Indicators that identify when price breaks key levels, signaling potential trends
Customization Options 🔧

Lists the parameters that can be adjusted to fine-tune the indicator

Period

Commodity Channel Index (CCI) offers customization options for Period. Enables customization of analysis timeframe Click to see all.

Thresholds

Commodity Channel Index (CCI) offers customization options for Thresholds. Customizable thresholds for signal generation Click to see all.

Usage

For whom 👥

The target audience or user group for the trading indicator

Commodity Traders

Commodity Channel Index (CCI) is designed for Commodity Traders. Tools optimized for trading in commodity markets like oil, gold, or agriculture Click to see all.
Purpose 📈

The primary purpose or application of the trading indicator

Cyclical Trends

Commodity Channel Index (CCI) is primarily used for Cyclical Trends. Indicators for identifying repetitive patterns Click to see all.

Evaluation

Pros 👍

Advantages of using the trading indicator

Effective For Overbought/Oversold Conditions

Useful For Multiple Asset Classes
Cons 👎

Disadvantages or limitations of the trading indicator

Can Produce False Signals In Non-Trending Markets

Performance Metrics

Reliability Score 💯

A score indicating the overall reliability of the trading indicator

7

The reliability score of Commodity Channel Index (CCI) is 7 out of 10. Click to see all.
Ease of Use Score 💻

A score representing how user-friendly and intuitive the trading indicator is

7.5

The ease of use score for Commodity Channel Index (CCI) is 7.5 out of 10. Click to see all.
Versatility Score 🔀

A score indicating the adaptability of the trading indicator across different markets and timeframes

8

The versatility score of Commodity Channel Index (CCI) is 8 out of 10. Click to see all.
Customization Score 🔧

A score representing the degree of customization available for the trading indicator

7

The customization score for Commodity Channel Index (CCI) is 7 out of 10.
Score ⭐

The overall score of the trading indicator based on various performance metrics

7.4

The overall score of Commodity Channel Index (CCI) is 7.4 out of 10. Click to see all.

Alternatives to Commodity Channel Index (CCI)

Ultimate Oscillator

Known for Multi-Timeframe Analysis

🔀 is more versatile than Commodity Channel Index (CCI)

Chande Momentum Oscillator (CMO)

Known for Momentum Measurement

💯 is more reliable than Commodity Channel Index (CCI)

Money Flow Index (MFI)

Known for Volume And Price Movements

💯 is more reliable than Commodity Channel Index (CCI)

Elder-Ray Index

Known for Combining Trend And Momentum

💯 is more reliable than Commodity Channel Index (CCI)

🔧 is more customizable than Commodity Channel Index (CCI)

⭐ is rated higher overall than Commodity Channel Index (CCI)

Percentage Price Oscillator (PPO)

Known for Relative Strength Measurement

🔀 is more versatile than Commodity Channel Index (CCI)

🔧 is more customizable than Commodity Channel Index (CCI)

⭐ is rated higher overall than Commodity Channel Index (CCI)

Elder Triple Screen

Known for Trend-Momentum Alignment

💯 is more reliable than Commodity Channel Index (CCI)

🔀 is more versatile than Commodity Channel Index (CCI)

🔧 is more customizable than Commodity Channel Index (CCI)

⭐ is rated higher overall than Commodity Channel Index (CCI)

Elder Impulse System

Known for Combining Trend And Momentum

Triple Exponential Average (TRIX)

Known for Filtering Out Market Noise

💯 is more reliable than Commodity Channel Index (CCI)

Hull Moving Average (HMA)

Known for Reducing Lag In Moving Averages

💯 is more reliable than Commodity Channel Index (CCI)

⭐ is rated higher overall than Commodity Channel Index (CCI)

Volume Oscillator

Known for Volume Divergence

💯 is more reliable than Commodity Channel Index (CCI)

FAQ about Commodity Channel Index (CCI)