Background Knowledge – Commodity Channel Index (CCI)
background knowledge 📊 Commodity Channel Index (CCI): Complete Guide to CCI, Calculation, Signals & Trading Strategies The Commodity Channel Index (CCI) is a momentum-based technical indicator used to measure how far an asset’s current price has moved away from its historical average. Despite its name, the CCI is not limited to commodities. Traders use it across stocks, indices, ETFs, forex,…