Swami CCI Indicator
Platform: MT4 Type: Oscillator Last update: September 25, 2024The Swami CCI Indicator is an unique forex indicator based on the Commodity Channel Index (CCI). That forex gauge displays a white signal line on the background of the gradient fading green and pink bars.
When the white line rises above 80 level and background bars are green – it means the market is considered overbought and one should look for a sell trade. Conversely, when the white line drops below 20 level and background bars are pink – it indicates an oversold market and one should look for a buy trade.