Zee Zee Alert Indicator
Platform: MT4 Type: Oscillator Last update: October 7, 2024The Zee Zee Alert indicator is based on Commodity Channel Index (CCI) swing trading tool. It recognizes the overbought/oversold states of the market.
There is also a crossover signal system for filtering its own trade signals.
How to interpret the zee zee readings?
Signals provided by the Zee Zee Alert Indicator may look complex at first glance, but simply follow the suggestions below.
Buy Entry: Open long trade when the SigCCI reaches -200 level. Next, the yellow dotted line should cross above the violet dotted line. Place your stop loss a few pips below the last swing low.
Sell Entry: Open short trade when the SigCCI reaches 200 level. Next, the yellow dotted line should cross below the violet dotted line. Place your stop loss a few pips below the last swing high.
Exit Trade / Take Profit: Close your open position when the SigCCI reaches the opposite 200/-200 level.
