This is Weighted CCI Indicator ARROW
Weighted CCI Indicator – Smart Trend & Momentum Filter
Weighted CCI (Commodity Channel Index) is an advanced version of the classic CCI indicator, designed to give more accurate trend strength and momentum signals by applying weight to recent price data.
Unlike the standard CCI, this indicator focuses more on recent candles, which helps reduce lag and improves responsiveness—especially useful for short-term and intraday trading.
How It Works
- Measures price deviation from its weighted average
- Recent price movements have higher importance
- Helps identify trend direction, momentum shifts, and exhaustion zones
Key Signal Levels
- Above +100 → Strong bullish momentum
- Below -100 → Strong bearish momentum
- Above +200 → Overbought (possible pullback or reversal)
- Below -200 → Oversold (possible bounce or reversal)
- Zero Line → Trend bias filter
- Above 0 → Bullish bias
- Below 0 → Bearish bias
Trading Insight
- Trade in the direction of the Weighted CCI trend
- Avoid counter-trend trades when CCI is strongly above +100 or below -100
- Look for divergence between price and Weighted CCI for early reversals
- Best results when combined with support & resistance