Best CCI for Daily Chart Gold

How to Add CCI XAUUSD Indicator on MetaTrader 4

Step 1: Open Navigator Window Panel on XAUUSD Trading Platform

Open the Navigator panel as shown below - Navigate to "View" menu (then click it) and then choose the "Navigator" window (click), or From Standard Tool Bar click the "Navigator" button or press the keyboard short-cut keys "Ctrl+N"

On Navigator panel, select "Technical Indicators", (Double-Click)

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Step 2: Expand the Gold Trading Indicators Menu on the Navigator

Expand the menu by clicking the expand button marker (+) or double click the "indicators" menu, after this the button will appear as (-) and will now display a list as shown below - select the CCI indicator from this list of gold indicators so as to add the CCI indicator on the xauusd chart.

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How to Add Custom CCI XAUUSD Indicator to MetaTrader 4

If the CCI technical indicator you want to add is a custom indicator - for example if the CCI technical indicator you want to add is a custom indicator you will need to first add this custom CCI indicator on the MetaTrader 4 platform & then compile custom gold CCI indicator so that the newly added CCI custom gold indicator pops up on the list of gold custom indicators on the MetaTrader 4 software.

To learn how to install gold CCI indicator on MetaTrader 4, how to add CCI indicator panel to MT4 & how to add CCI custom indicator in MT4 - How to add a CCI gold custom indicator on MetaTrader 4.

CCI Gold Technical Indicator Described

CCI Gold Technical Analysis and CCI XAUUSD Signals

CCI technical indicator measures the variation of xauusd price from its statistical mean(statistical average).

This Commodities Channel Index technical indicator is an oscillator which oscillates between high levels & low levels

When the Commodities Channel Index technical indicator is high it shows that xauusd price is unusually high when compared to its average.

When the Commodities Channel Index technical indicator is low it shows that xauusd price is unusually low compared to its average.

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CCI Gold Technical Indicator Technical Analysis & How to Generate Signals

CCI Overbought & Oversold XAUUSD Trading Levels

The Commodity Channel Index technical indicator typically oscillates between ±100.

CCI Gold Indicator values above +100 indicate overbought conditions & an impending xauusd price correction.

CCI indicator values below -100 indicate an oversold conditions & an impending xauusd price correction

Buy Gold Signal

If the Commodities Channel Index indicator is over sold, levels below -100, then there is a pending xauusd price correction.

CCI over sold levels will remain intact until Commodities Channel Index technical indicator starts to move above -100.

When xauusd price starts moving above - 100 then that is interpreted as a buy signal.

The CCI indicator buy trading signal should be combined with a gold trend line break signal to confirm the buy signal.

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Sell XAUUSD Signal

If the Commodities Channel Index indicator is overbought, areas above +100, then there is a pending xauusd price correction.

The over bought levels will remain intact until Commodity Channel Index technical indicator starts to move below +100.

When CCI starts moving below +100 then that is a interpreted as sell signal.

This CCI indicator sell trading signal should be combined with a gold trend line break signal to confirm the sell signal.

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Divergence Gold Trading

Bullish XAUUSD Divergence

Bullish gold divergence occurs when price is forming new lows while the CCI technical indicator is failing to surpass its previous low.

This is a buy trading signal because the gold divergence will be followed by an upward xauusd price correction.

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Bearish Gold Divergence

Bearish Gold Divergence occurs when price is making new highs while the CCI technical indicator is failing to surpass its previous high.

This is a bearish gold signal because the divergence will be followed by a downwards xauusd price correction.

Best CCI for 15 Minute XAUUSD Chart - Best CCI for 5 Min XAUUSD Chart - Best CCI for 1 Min chart Gold