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Average CCI

This indicator smooths the average value of the CCI technical indicator, which gives better overbought and oversold values.


Strategy

1. If the smoothed line of the indicator is above the level of If the smoothed value of the Average CCI indicator is below the level of -100 or is very close to it, then in this area (the currency is oversold) an upward reversal is possible.100 or is very close to it, then in this area (the currency is overbought) a downward reversal is possible.

Only sells are considered in this area.

2. If the smoothed value of the Average CCI indicator is below the level of -100 or is very close to it, then in this area (the currency is oversold) an upward reversal is possible.

Only buys are considered in this area.


Input Parameters

  • Period CCI - CCI period;
  • Price of CCI - CCI price type
  • Period MA - MA period
  • Method MA - MA smoothing method
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