CCI Channel Buy Sell Arrows Forex Indicator
The CCI Channel arrows forex indicator oscillates between -193.82 and 200.24 extreme values.
A buy arrow will be painted when the yellow CCI line touches the green dotted line.
On the contrary, a sell arrow will be painted when the yellow CCI line touches the red dotted line. This is a very interesting indicator for buying and selling currency pairs in an existing trend.
Buy signal: Blue colored arrow.
Sell signal: Pink colored arrow.
Trade in agreement with the overall trend. Avoid signals against the overall trend.
Wait for the CCI yellow line to reach extreme values before taking any buy or sell CCI Channel arrows (see image below “good signal”).
Currency pairs: any
Time frames: M1 and higher
Trading sessions: any
Configurable Indicator Options
CCI period, T3 period, arrows up, arrows down, signal alerts,…
GBP/USD D1 Chart Example