CCI Indicator For Day Trading Forex. By Galen Woods in Trading Setups on November 6, 2019. Donald Lambert introduced the Commodity Channel Index (CCI) in the Stocks & Commodities magazine back in 1980. Now, you can find the CCI as a standard indicator in most charting packages. Clearly, it has stood up to the test of time. On the spread, CCI Traders offers the choice of fixed or variable spread depending on your trading category. In our CCI Traders forex Review, the minimum spread on FX pairs was 0.9 pips, which is reasonable considering that the broker does not charge commission or the overnight swap costs. The Commodity Channel Index is an indicator used in the technical analysis of the financial and forex markets. The CCI indicator, short for commodity channel index is a momentum based indicator and belongs to the oscillator group of technical indicators. Invented by Donald R. Lambert, the indicator’s workings and details were first published in a […] CCI indicator forex strategy The primary type of trading signal that this indicator gives is the exit of the line into critical oversold and overbought zones. As soon as the line crosses from -100 in the direction from the bottom up, traders may consider opening a buy order and when it reaches +100 from top to bottom, then they may consider ... The CCI Trigger Indicator is a MetaTrader 4 (MT4) indicator that can be used with any Forex Trading System for extra confirmation to enter or exit a trade. This indicator works with all currency pairs and all timeframes.