CCI study2_nrp & mtf nmc indicator

CCI study2_nrp & mtf nmc indicator is a modification of the well-known CCI (Commodity Channel Index) indicatorbased on the market cyclicality and allows to forecast the trend in the market.

CCI indicator study2_nrp & mtf nmc operates not only with overbought and oversold levels, like the classic version, but also displays bearish and bullish divergences on the indicator and currency pair chart.

When the indicator line crosses the set level overbought or oversoldit is colored in the corresponding color, and a signal in the form of a rhombus of the same color appears on the price chart.

In addition, the CCI indicator study2_nrp & mtf nmc implements a multi-frame display mode that allows you to display indicator values from other timeframes.

According to ForTrader.org experts, CCI study2_nrp & mtf nmc indicator can successfully replace the classic indicator in trading strategies based on it, for example, in the strategies for binary options trading Stochastic + CCIThis is a great way to improve its efficiency through flexibility of settings.

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Other modifications of the CCI indicator