A CCI Candle Signal from Open and Close Price Indicators

Summary

This brief indicator description explains a signal built from two Commodity Channel Index calculations applied to open and close price series. It generates a semaphore-style marker when the difference between the two CCI values changes sign, matching a change in the fill color of the related candle indicator. The description therefore presents a way to translate a visual indicator transition into discrete signal events.

The document gives no entry or exit rules, parameter settings, market or timeframe evaluation, performance results, or risk controls. It does not establish whether a sign change predicts returns or how the signal should be traded. Treat it as a concise indicator definition that could be evaluated as one component of a broader strategy, rather than as evidence of a profitable trading method.

Key ideas

• The indicator compares CCI values calculated from open and close prices.
• A signal appears when the difference between the two CCI series changes sign.
• The signal is aligned with a fill-color transition in the related candle indicator.
• The description supplies no testing evidence, trading rules, or risk guidance.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.