Commodity Channel Index Oscillator CCI MT5
- Indicatori
- Eda Kaya
- Versione: 1.3
Commodity Channel Index Oscillator (CCI) Download MT5
The Commodity Channel Index (CCI) Oscillator is a widely used tool in technical analysis, particularly favored in the Forex and equities markets.
Available for MetaTrader 5, this indicator, developed by Donald Lambert, measures the variance between the asset’s price and its moving average. Traders rely on it to determine ideal moments for entering and exiting positions and to assess potential overbought or oversold scenarios.
«Indicator Installation & User Guide»
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Indicator Specifications Table
| Category | Oscillator – Trend Forecast – Currency Strength |
| Platform | MetaTrader 5 |
| Skill Level | Suitable for all levels |
| Indicator Type | Reversal – Continuation |
| Timeframe | Multi-timeframe support |
| Trading Style | Intra-day trading |
| Applicable Markets | Forex – Crypto – Stock Markets |
Overview of the Indicator
The CCI Oscillator aids in interpreting price behavior by assessing momentum shifts, potential trend reversals, and divergences. Buy and sell triggers arise based on CCI values peaking or dropping. The indicator consists of multiple lines:
• The green central line marks the zero-level baseline.
• The CCI itself is displayed as a blue line.
• The red “Turbo CCI” line, a fast-reacting version, is plotted with a shorter calculation period.
Uptrend Condition
In a 30-minute EUR/USD chart, the indicator showcases how it identifies bullish momentum.
When the blue CCI line exceeds the +100 mark, it signifies a strong upward trend. For the trend to hold, the CCI should remain consistently above +50. A prominent strength of this tool is detecting hidden weakness via divergence—if price action moves higher while the CCI begins to trend downward, it may indicate a potential loss in buying strength.
Downtrend Condition
On the 1-hour BNB/USDT chart, the CCI reveals bearish strength when the blue line dips below the -100 level. A consistent stay below -50 reinforces the downtrend. A divergence appears when prices fall, but the CCI records higher values—signaling a possible softening of the bearish trend and a potential reversal.
Settings
- Turbo CCI Period – Configured at 7
- CCI Period – Main indicator period set to 13
- Overbought/Oversold Level – Established at 200
- Trigger Level – Level set at 50
- Weight – Calculated with a period of 1
Summary
The Commodity Channel Index Oscillator (CCI) Download MT5 version is a practical asset for identifying market trends and decision zones. By comparing current price levels with the average over a set period, this tool helps traders pinpoint potential reversals, monitor volatility, and optimize entries and exits across financial markets.
