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Forex encyclopedia

Commodity Channel Index (CCI) was elaborated by Donald Lambert to identify potential reversal points. This indicator is universal and used on all markets. The indicator's principle states that movement of all finance instruments corresponds to certain cycles, whereas minimum and maximum points recur in certain periods of time. Besides, CCI is able to signalize about change of price speed.
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Forex encyclopedia “Clever FX” is the unique service created by FreshForex to introduce world of Forex to traders. The main purpose is to share knowledge of experienced traders with novice traders in simple and convenient form. Every trader will be able to learn something new here. If you are a professional trader, we invite you to write an article for “Clever FX” and get reward. Let's write Forex history together!
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