The CCI Channel Indicator is a popular and free Forex indicator that is useful for traders of all levels. The CCI Channel Indicator is a technical analysis tool that is used to identify trend reversals in the market. The indicator displays a line on the chart, which is the mid-point of the CCI. When the price moves above or below this line, it signals a possible trend reversal. The CCI Channel Indicator also features an upper and lower channel, which can be used to identify the range of the trend. It is a useful tool for traders who want to take advantage of short-term price movements.