Working with the CCI indicator

Continuing the series of articles on the work of the system based on the CCI indicator

Situation #16.

If on the last three runs each indicator has CCI(5), CCI(8), CCI(13) there is a property "fork."(1) The system signal appears in the order CCI(5) > CCI(8) > CCI(13) on the last closed candlestick, and the indicators are in the order CCI(5) > CCI(8)  "Pivot Point.".
The sequence CCI(8), CCI(13), CCI(21) is also working for the CCI(8) indicator.

Situation #17.

If at the last three runs each of the indicators CCI (5), CCI(8), CCI(13) there is a property "fork."(1) The system signal appears in the order CCI(5) < CCI(8) < CCI(13) on the last closed candle, and the indicators are in the order CCI(5) < CCI(8)  "Pivot Point.".
The sequence CCI(8), CCI(13), CCI(21) is also working for the CCI(8) indicator.

Situation #18.

If there are the following conditions on the last run:
- the indicators are going down;
- the location of the indicators in relation to each other:

Example #1: Daily euro chart. Calculation of the daily candle on 11.06.2009 by CCI indicator system.

ADXR indicator showed that in this case it is better to calculate the day by the system of indicators of the oscillator type.
In the table № 1 are entered values of indicators and the average price of the last three daily candles, at the time of closing.

The symbols in Table 1:
- the average price is equal to (H+L+C) / 3, where H / L / C - parameters of the candle;
- The average price is given without the one at the front.

The symbols in the figure:
- bold line - indicator CCI(21);
- dotted line with dots - indicator CCI(5);
- thin line - indicator CCI(8);
- thin line with dots - indicator CCI(13);
- thin line on the price - the average price equal to (H+L+C) / 3.

Table 2 shows the calculated slopes of indicators and prices for runs.

Tilt indicator CCI(5) on run #1 is calculated as follows:
From the indicator value on the candle from June 11, 2009 (96.38) is subtracted the indicator value on the candle from June 10, 2009 (-19.13). The resulting difference (115.51?) is recorded in the column 1. The arrow indicates the direction of the indicator on this run.

Situation #19.

On the last closed candle of 11.06.2009 there is a single "gap" propertyThe downward direction between the CCI(5) and CCI(8) indicators:
(96.38 + (7.06) = 103.44).
The difference between the indicators CCI(5) and CCI(13) is 80.83 (96.38 - 15.55 = 80.83), but both indicators are above the zero line and the obtained difference is not enough for the "gap" property.
The presence of a single "gap" property, directed downward, between CCI(5) and CCI(8) indicators, provided that the CCI(8) indicator is below.

Situation #20.

If there are the following conditions on the last run:
- the indicators are going up;
- the location of the indicators in relation to each other:

CCI(5)? > CCI(13)? > CCI(8)?, it is important that CCI(13)? > CCI(8)?
- there is a "gap" property between the CCI(5) and CCI(8) indicators greater than 100%, pointing downward;
- there is no "gap" property between the CCI(5) and CCI(13) indicators;
- there is no "gap" property between the CCI(8) and CCI(13) indicators.

In this case there is only one gap, between the CCI(5) and CCI(8) indicators.
Combined with the fact that the CCI(8) indicator is located below the CCI(13) indicator, this situation generally gives system signal down.

Situation #21.

If on the last three runs the CCI(5) indicator has the property "fork.", pointing upwards and at the same time on the last run is a property of "speed."directed upwards. Then the CCI(5) indicator has a system signal directed upwards.
The situation also works with the CCI(8) and CCI(13) indicators.

Situation #22.

If on the last three runs the CCI(5) indicator has the property "fork.", pointing downward and at the same time on the last run is a property of "speed."directed downward. Then the CCI(5) indicator has a system signal directed downward.
The situation also works with the CCI(8) and CCI(13) indicators.

Situation #23.

1. If on the first and third runs the fast indicator line goes one way, and on the second run it goes the other way, then on the fourth run it is likely to go in the direction of the second run. This figure is called "fork down.". This property is rated 50 points down (see Figure 2).

If the price was moving up on the second run, and the indicator was moving down, then the "fork" pattern determined by the last three runs is inoperable (see Fig. 3).

2. If on the first and third runs the fast indicator line goes one way, and on the second run it goes the other way, then on the fourth run it will most likely go in the direction of the second run. This figure called "fork up.". This property is rated 50 points up (see Figure 4).
If the price was moving up during the second run, but the indicator was moving down, then the "fork" figure, determined by the last three runs, is not working (see Fig. 5).

If on the last three runs the CCI(5) indicator has the "fork" property, directed upwards, and at the same time strictly on this "fork" there is the property "breakdown with price" (according to the last three candles), directed upwards, then the indicator  CCI(5) there is a system signal pointing upwards.
The situation also works with the CCI(8) and CCI(13) indicators.