Commodity Channel Index Divergences

What is CCI Divergence?

It occurs when the price action and CCI are moving in opposite directions, suggesting an early sign of reversal.

When the price action is making lower lows while CCI is making higher lows, a regular bullish divergence forms.

This indicator detects four types of divergences:

Regular bear divergence marked in R tag above the CCI line, hidden bear divergence marked in a H tag above the CCI line, regular bull divergence marked in a R tag below the CCI line, and hidden bull divergence marked in a H tag below the CCI line.