Trends and Snapbacks using CCI

Template Description

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.

Template Details

  • CategoryGeorge Lea
  • Release DateOctober 2015
  • TagsScan, George Lea
  • More InfoBlog Post