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CII OM version 1

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CII OM Version 1 is a comprehensive trading indicator designed to provide a clear view of market momentum, money flow, and potential reversals in one subwindow. It combines multiple technical tools and visual cues to help traders identify high-probability reversal areas.

Features:

1. Chaikin Money Flow (CMF)

a. Measures buying and selling pressure over a period (default 20).
b. Positive CMF values are filled in green, negative in red.
c. Visualizes money flow for better context of market strength.

2. Volume Buy/Sell % (Optional)
a. Displays the proportion of buying versus selling volume per bar.
b. Green columns represent buying volume, red columns represent selling volume.
c. Can be enabled or disabled via the settings (default: off).

3. Stochastic Oscillator with Combined %K/%D Line
a. %K and %D lines combined into a single line for simplicity.
b. Green line indicates %K above %D (bullish), red line indicates %K below %D (bearish).
c. Upper/lower thresholds are marked at ±0.6.
d. Reversal zones are filled in aqua (buy zone) and fuchsia (sell zone).

4. Reversal Dots
a. Large dots indicate the end of a bullish or bearish reversal zone based on stochastic thresholds.
b. Smaller dots mark minor threshold crossings at ±0.6 for early detection of potential reversals.
c. Dot size is adjustable.

5. Ultimate Oscillator (Optional)
a. Measures short, medium, and long-term momentum.
b. Can be toggled on/off via the settings (default: off).

Customization Options:
a. Enable/disable Buy/Sell Volume % bars
b. Enable/disable Ultimate Oscillator
c. Adjust main reversal dot size

Adjust stochastic oscillator periods (K, D, smooth)
a. Fully compatible with Pine Script v5

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.