CCI Trend Indicator with Threshold-Based Color Bands
Summary
This document presents a visual version of the Commodity Channel Index (CCI). It calculates CCI from typical price using a 14-period setting, plots the indicator, and changes the bar color according to its value. Readings above 100 use one color, values between 0 and 100 another, readings below -100 a third, and the remaining values a fourth. Horizontal reference lines mark 100 and -100.
The material explains the indicator’s display and threshold categories, but it does not define a trading strategy, entry or exit rules, or position sizing. It offers no market examples, backtest, or performance evidence, so the color scheme should be understood as a visualization aid rather than proof of a profitable trend signal. The document also contains unrelated privacy-policy text, which does not contribute to the indicator description.
Key ideas
- The indicator calculates CCI from typical price with a 14-period setting.
- It uses separate colors for readings above 100, between 0 and 100, below -100, and the remaining range.
- Reference lines at 100 and -100 make the threshold zones visible.
- The document gives no trading rules or performance tests for the displayed CCI.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.