The CCI indicator stands for commodity channel index is a momentum-based indicator and belongs to the oscillator group of technical indicators.
The article is about Bollinger Bands, an popular indicator at the online trading platform Olymp Trade. It can be used in many ways: from determining the general mood of the market to generating a signal to open a transaction in time.
The parabolic system is a good complement to many technical analysis strategies. However, Parabolic SAR is of little interest on its own. The reason for this is its duality, because of which it is unable to recognize periods of low market activity (flats). But in combination with other trend indicators or oscillators, Parabolic shows all its advantages. In this article, we will conduct a detailed review of an SAR-based strategy for Olymp Trade with additional ADX filtering.