aryasatya
Short

convergence and divergence

FX:EURJPY   Euro Fx/Japanese Yen
187 0 0
For this example, I will use the Commodity Channel Index ( CCI ) for the study. The definition of the CCI is that it is a measure of market or price strength. It gives us signs of Overbought and Oversold conditions in price action.The default settings are usually 14 or 20 periods (depending on your charting platform and personal choice) and obviously, this can be adjusted like any other technical indicator. I like to interpret the CCI as a speedometer of the market, making it an ideal measure of momentum in prices. And perfect for my convergence and divergence analysis.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out