Does CCI candles, RSI candles, MACD candles etc. differ from each other?

<p id="isPasted">Yes, CCI, RSI, and MACD candles (or indicators) differ significantly in their calculation, purpose, and how they're interpreted. CCI focuses on price deviations from a statistical mean, RSI tracks overbought/oversold levels, and MACD identifies trend direction and momentum.&nbsp;</p><p>Here's a more detailed breakdown:</p><p>1. CCI (Commodity Channel Index):</p><p>Purpose:</p><p>Measures price deviations from a typical price range, indicating whether the price is higher or lower than normal.&nbsp;</p><p>Calculation:</p><p>Compares the current price to its moving average over a specific period.&nbsp;</p><p>Interpretation:</p><p>Values above +100 suggest the price is in an overbought condition.&nbsp;</p><p>Values below -100 suggest the price is in an oversold condition.&nbsp;</p><p>CCI can be used to identify potential trend reversals and confirm existing trends.&nbsp;</p><p>Example:</p><p>If the CCI is at +100, it might suggest that the price is currently above its average, potentially indicating an overbought condition.&nbsp;</p><p>2. RSI (Relative Strength Index):</p><p>Purpose:</p><p>Measures the speed and magnitude of recent price changes, helping to identify overbought and oversold conditions.&nbsp;</p><p>Calculation:</p><p>Based on the ratio of gains to losses over a specific period.&nbsp;</p><p>Interpretation:</p><p>Values above 70 often suggest an overbought condition, potentially indicating a sell signal.&nbsp;</p><p>Values below 30 often suggest an oversold condition, potentially indicating a buy signal.&nbsp;</p><p>Example:</p><p>If the RSI is at 80, it might suggest the price is currently overbought, potentially indicating a potential sell opportunity.&nbsp;</p><p>3. MACD (Moving Average Convergence Divergence):</p><p>Purpose:</p><p>Identifies trend direction and momentum by comparing two moving averages of a security's price.&nbsp;</p><p>Calculation:</p><p>Uses two exponentially weighted moving averages (EWMA) to compare the speed of price changes.&nbsp;</p><p>Interpretation:</p><p>When the MACD line crosses above the signal line, it can be a buy signal.&nbsp;</p><p>When the MACD line crosses below the signal line, it can be a sell signal.&nbsp;</p><p>Example:</p><p>If the MACD line crosses above the signal line, it might suggest that the price is gaining momentum and that the trend is shifting towards bullish.&nbsp;</p>

<p>You can visit this link and get your answer:&nbsp;<a href="https://www.quora.com/What-are-some-indicators-like-MACD-RSI-MA-ADX-and-BB-in-the-stock-market-How-do-different-types-of-charts-help-with-successful-trading">MACD, RSI etc.</a></p>