OPEN-SOURCE SCRIPT

DB CCI Breakout MTF

DB CCI Breakout MTF

What does the indicator do?

The indicator will display crypto breakout and fallouts based on 4 timeframe CCI values. By default the current chart timeframe is used and the user may chose 3 other timeframes in the settings. Additionally, the symbol may be configured in the indicator settings. Default is Coinbase:ETHUSD.

The indicator will monitor the CCI levels on 4 timeframes and will alert to any CCI activity over 100 or under -100 which would indicate a breakout or fallout is present.

A green diamond is displayed when a breakout is detected on one or more of the timeframes for the selected symbol.

How should this indicator be used?

The indicator is a secondary alert system for the presence of breakouts or fallout conditions as under those scenarios position exit or entry strategies may be different.

Does the indicator include any alerts?

Not in this version. But I could add some if desired.

Use at your own risk and do your own diligence.

Enjoy!
Commodity Channel Index (CCI)Trend Analysis

Skrip sumber terbuka

Dalam semangat sebenar TradingView, penulis telah menerbitkan kod Pine ini sebagai sumber terbuka supaya pedagang dapat memahami dan mengesahkannya. Sorakan kepada penulis! Anda boleh menggunakan perpustakaan ini secara percuma, tetapi penggunaan semula kod dalam penerbitan ini adalah dikawal oleh Peraturan dalaman. Anda boleh menyukainya untuk menggunakannya pada carta.

Ingin menggunakan skrip ini pada carta?

Penafian