The CCI (Commodity Channel Index) is a versatile indicator that can be used for many different types of trading (Trends, Reversals, Continuation plays, Cycles, etc).
This template is designed to scan for trends using a 50 period CCI to detect the Zoom Zone and Continuation plays using a 5 period CCI in combination with the 50 period CCI to detect Snapbacks. A Snapback is ready when a 'Cherry' appears above or below the CCI indicator. The snapback fires when the Cherry disappears.
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