The CCI Slope Breakout strategy monitors the rate of change of the CCI. An unusually steep slope hints that a new trend is forming.
Entries occur when slope exceeds its typical level by a multiple of standard deviation, taking trades in the direction of acceleration with a protective stop.
It appeals to active traders eager for early trend exposure. Positions exit when the slope drifts back toward normal readings. Default
CciPeriod = 20.
- Entry Criteria: Indicator exceeds average by deviation multiplier.
- Long/Short: Both directions.
- Exit Criteria: Indicator reverts to average.
- Stops: Yes.
- Default Values:
- CciPeriod = 20
- SlopePeriod = 20
- BreakoutMultiplier = 2.0m
- StopLossPercent = 2.0m
- CandleType = TimeSpan.FromMinutes(5)
- Filters:
- Category: Breakout
- Direction: Both
- Indicators: CCI
- Stops: Yes
- Complexity: Intermediate
- Timeframe: Short-term
- Seasonality: No
- Neural Networks: No
- Divergence: No
- Risk Level: Medium