Some of the major points I think that CCI is a useful instrument for traders and analysts.
Calculation Formula:

• CCI = (Typical Price – SMA) / (0.015 * MD)
• Average Trade Price (ATP) is obtained by the sum of high, low and close price and dividing this by a constant of 3.
• Moving Averages (MA) are the average of TP for the number of periods as defined by the trader.
• Mean Deviation calculates the magnitude of the displacement of TP from MA, that is TP-MA.
• The constant 0. 015 scales CCI values.

Interpretation:

• Overbought: In simple terms, it is projected that if CCI above +100 the market is overbought.
• Oversold: If CCI is below -100 then market is oversold.
• Potential trend reversals: Timeframe: Day, H4, W1 CCI broke short-term trends and overshot price action.
• Trend confirmation: If they are already, CCI merely validates the current trend of a certain direction.

Looking at the performance of this segment, it can be concluded that CCI is most suitable to be used in conjunction with other technical and fundamental instruments. I have to concur with you on the group aspect. I hope you stand well in this focus competition.