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Commodity Channel (CCI) Indicator

Developed by Donald Lambert, the Commodity Channel Index (CCI) was designed to identify cyclical turns in commodities.  The indicator measures the position of price in relation to its moving average.  The indicator may change direction when the trend is about to change.  Critical points are at +100 and -100.  Conventional usage is to go long if indicator turns up from -100 or below and to go short xif the indicator turns down from +100 or above.

See Also

Commodity Channel (CCI) Developer Help