Many Forex indicators combine two or more standard tools — often called “community-built composites.” One such example is the GG-RSI-CCI indicator. It integrates two moving averages, the widely used Relative Strength Index (RSI), and the popular Commodity Channel Index (CCI). Let’s examine how it works.
How the GG-RSI-CCI Indicator Works
The GG-RSI-CCI indicator signals the current market trend as follows: a green histogram indicates a bullish trend, a red histogram signals a bearish trend, and a yellow histogram reflects ranging (sideways) conditions.
This indicator is highly customizable to suit individual traders or trading systems — both histogram colors and indicator periods can be adjusted.
The parameter Ind_Period sets the calculation period for both the RSI and CCI components; its default value is 20. Parameters Avg_Period1 and Avg_Period2 define the periods of the two moving averages, with defaults of 8 and 14 respectively.
Fig. 1. GG-RSI-CCI with default settings.
The GG-RSI-CCI indicator does not repaint (except for the current bar, as expected), and its foundation in standard, adjustable components makes it nearly a self-contained trading system — offering both reliability and room for creative adaptation.
Live Testing Results
But is it truly effective on its own? A live test was conducted using only the GG-RSI-CCI indicator with default settings. Trades were opened on the M5 timeframe across four major currency pairs: GBP/USD, EUR/USD, AUD/USD, and NZD/USD. Entries respected the higher-timeframe (H1) trend — confirmed also by GG-RSI-CCI. Position size was fixed; Take Profit was set at 30 pips, and Stop Loss at 20 pips. Figure 2 shows the equity curve:
Fig. 2. Equity curve from the test period.
As shown, the GG-RSI-CCI indicator alone delivers inconsistent results. A string of losing trades confirms that a filter is essential. With default settings, adding a higher-period version of the same indicator — applied on a larger timeframe (e.g., H1) — significantly improves performance. Entry is only taken when the faster (M5) histogram aligns with the slower (H1) signal — either concurrently or with the faster confirming the slower.
Fig. 3. GG-RSI-CCI with multi-timeframe filter — the higher-period version appears at the bottom.
Arrows in Figure 3 mark entry points. While some losses remain, their frequency drops noticeably compared to unfiltered use. For this reason, Take Profit should always exceed Stop Loss — consistent with sound capital management principles. Also, always confirm alignment with broader timeframe trends.
Conclusion: The GG-RSI-CCI indicator is well-suited as a core component of a robust trading system or Expert Advisor — provided traders view the market holistically and adapt entries flexibly. Happy trading!
Download the GG-RSI-CCI Forex indicator
FAQ
What does GG-RSI-CCI stand for?
It’s a composite indicator combining two moving averages (GG), the Relative Strength Index (RSI), and the Commodity Channel Index (CCI) into a single histogram-based trend signal.
Does GG-RSI-CCI repaint?
No — it does not repaint historical values. Only the current bar may update as new price data arrives, which is standard behavior for non-lagging oscillators.
Can I use GG-RSI-CCI for automated trading?
Yes — its clear visual logic (green/red/yellow histogram) and non-repainting nature make it suitable for Expert Advisors, especially when combined with multi-timeframe filtering and proper money management rules.
