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Pionex

GRID Bot Indicator: CCI

The CCI compares the current price to an average price over a period of time. The indicator fluctuates above or below zero, moving into positive or negative territory.

Join Pionex Grid Bots chat on Telegram: https://t.me/PionexGrid

How to use CCI indicator with Grid Bot & Infinity Grids Bot

Notes for CCI Indicator

  1. I won’t create any grid bot when CCI is below -100 (in the daily chart)
  2. Use grid bot when the CCI fluctuates between -100~100
  3. Create Infinity Grids Bot when CCI breaks 100

The scenario for using CCI + SuperTrend

  1. CCI fluctuates between -100~100 & price closed above the short term SuperTrend indicator ➡️ Create Grid Bot #1
  2. CCI fluctuates between -100~100 & price closed above the long term SuperTrend indicator ➡️ Create Grid Bot #2
  3. CCI breaks 100 & price closed above both short and long term SuperTrend indicator ➡️ Create Infinity Grids Bot

The Moment for closing above bots:

  • Close Grid Bot #2 when the price closed below the long term SuperTrend indicator.
  • Close Grid Bot #1 when the price closed below the short term SuperTrend indicator.
Join Pionex Grid Bots chat on Telegram: https://t.me/PionexGrid

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