Point and Figure (PnF) CCIThis is live and non-repainting Point and Figure Chart Commodity Channel Index - CCI tool. The script has it’s own P&F engine and not using integrated function of Trading View.
Point and Figure method is over 150 years old. It consist of columns that represent filtered price movements. Time is not a factor on P&F chart but as you can see with this script P&F chart created on time chart.
P&F chart provide several advantages, some of them are filtering insignificant price movements and noise, focusing on important price movements and making support/resistance levels much easier to identify.
Commodity Channel Index – CCI was developed by Donalt Lambert. CCI can be used to identify overbought or oversold, a new trend or warn of extreme conditions. CCI measures the difference between a security's price change and its average price change. High positive readings indicate that prices are well above their average, which is a show of strength. Low negative readings indicate that prices are well below their average, which is a show of weakness.
The Formula for the Commodity Channel Index ( CCI ) Is:
CCI = (Typical Price – L-period SMA of TP) / (0.015 * Mean Deviation)
Mean Deviation = (SumOf 1->L ( |TP – MA| )) / L
L = Length
TP = Typical Price
If you are new to Point & Figure Chart then you better get some information about it before using this tool. There are very good web sites and books. Please PM me if you need help about resources.
Options in the Script
Box size is one of the most important part of Point and Figure Charting. Chart price movement sensitivity is determined by the Point and Figure scale. Large box sizes see little movement across a specific price region, small box sizes see greater price movement on P&F chart. There are four different box scaling with this tool: Traditional, Percentage, Dynamic (ATR), or User-Defined
4 different methods for Box size can be used in this tool.
User Defined: The box size is set by user. A larger box size will result in more filtered price movements and fewer reversals. A smaller box size will result in less filtered price movements and more reversals.
ATR: Box size is dynamically calculated by using ATR, default period is 20.
Percentage: uses box sizes that are a fixed percentage of the stock's price. If percentage is 1 and stock’s price is $100 then box size will be $1
Traditional: uses a predefined table of price ranges to determine what the box size should be.
Price Range Box Size
Under 0.25 0.0625
0.25 to 1.00 0.125
1.00 to 5.00 0.25
5.00 to 20.00 0.50
20.00 to 100 1.0
100 to 200 2.0
200 to 500 4.0
500 to 1000 5.0
1000 to 25000 50.0
25000 and up 500.0
Default value is “ATR”, you may use one of these scaling method that suits your trading strategy.
If ATR or Percentage is chosen then there is rounding algorithm according to mintick value of the security. For example if mintick value is 0.001 and box size (ATR/Percentage) is 0.00124 then box size becomes 0.001.
And also while using dynamic box size (ATR or Percentage), box size changes only when closing price changed.
Reversal : It is the number of boxes required to change from a column of Xs to a column of Os or from a column of Os to a column of Xs. Default value is 3 (most used). For example if you choose reversal = 2 then you get the chart similar to Renko chart.
Source: Closing price or High-Low prices can be chosen as data source for P&F charting.
Upper Band : as default, Upper band is 100
Lower Band : as default, Lower band is -100
There are alerts when P&F CCI moves above Upper Band or moves below Lower Band.
Cari dalam skrip untuk "CCI"
(RSI + CCI) × (MACD/ATR)^2⚙️ (RSI + CCI) × (MACD / ATR)² Composite — Normalized, Compressed, Dynamic Colors
This advanced composite oscillator merges three powerful momentum indicators — RSI, CCI, and MACD — into one normalized and volatility-adjusted signal that reacts smoothly across all markets.
By dividing MACD by ATR (Average True Range), the indicator self-scales for different symbols, and an optional tanh-like compression prevents extreme spikes while keeping the movement fluid and responsive.
🧩 Core Formula
(RSI + CCI) × (MACD / ATR)²
(optionally passed through a tanh compression for stability)
RSI and CCI are normalized (RSI ÷ 50, CCI ÷ 100) → roughly −2 to +2 range.
MACD is volatility-adjusted by ATR → scale-independent between assets.
The result is centered around 0 for clear bullish/bearish momentum comparison.
🎨 Visual Features
🟢🔴 Dynamic 4-Color Histogram
Positive + Rising = Strong Teal
Positive + Falling = Light Teal
Negative + Falling = Strong Red
Negative + Rising = Light Red
🟡⚫ 4-Color Smoothing Line
Positive & Rising = Bright Yellow
Positive & Falling = Soft Yellow
Negative & Rising = Grey
Negative & Falling = Dark Grey
Zero-centered layout for intuitive bullish/bearish visualization.
⚙️ Adjustable Parameters
Individual RSI, CCI, and MACD lengths and sources.
ATR length for volatility normalization.
Optional tanh-style compression with adjustable gain (to keep values in ±1 range).
Fully customizable colors and line widths for both bars and smoothing line.
🔔 Alerts
Triggered automatically when the composite crosses above or below zero, signaling potential trend reversals or momentum shifts.
💡 How to Use
Composite > 0 → Bullish momentum ↑
Composite < 0 → Bearish momentum ↓
A brightening line or bar = momentum accelerating.
A fading color = momentum weakening or reversal forming.
Combine with higher-timeframe trend filters (EMA, VWAP, Supertrend) for confirmation.
Clustering & Divergences (RSI-Stoch-CCI) [Sam SDF-Solutions]The Clustering & Divergences (RSI-Stoch-CCI) indicator is a comprehensive technical analysis tool that consolidates three popular oscillators—Relative Strength Index (RSI), Stochastic, and Commodity Channel Index (CCI)—into one unified metric called the Score. This Score offers traders an aggregated view of market conditions, allowing them to quickly identify whether the market is oversold, balanced, or overbought.
Functionality:
Oscillator Clustering: The indicator calculates the values of RSI, Stochastic, and CCI using user-defined periods. These oscillator values are then normalized using one of three available methods: MinMax, Z-Score, or Z-Bins.
Score Calculation: Each normalized oscillator value is multiplied by its respective weight (which the user can adjust), and the weighted values are summed to generate an overall Score. This Score serves as a single, interpretable metric representing the combined oscillator behavior.
Market Clustering: The indicator performs clustering on the Score over a configurable window. By dividing the Score range into a set number of clusters (also configurable), the tool visually represents the market’s state. Each cluster is assigned a unique color so that traders can quickly see if the market is trending toward oversold, balanced, or overbought conditions.
Divergence Detection: The script automatically identifies both Regular and Hidden divergences between the price action and the Score. By using pivot detection on both price and Score data, the indicator marks potential reversal signals on the chart with labels and connecting lines. This helps in pinpointing moments when the price and the underlying oscillator dynamics diverge.
Customization Options: Users have full control over the indicator’s behavior. They can adjust:
The periods for each oscillator (RSI, Stochastic, CCI).
The weights applied to each oscillator in the Score calculation.
The normalization method and its manual boundaries.
The number of clusters and whether to invert the cluster order.
Parameters for divergence detection (such as pivot sensitivity and the minimum/maximum bar distance between pivots).
Visual Enhancements:
Depending on the user’s preference, either the Score or the Cluster Index (derived from the clustering process) is plotted on the chart. Additionally, the script changes the color of the price bars based on the identified cluster, providing an at-a-glance visual cue of the current market regime.
Logic & Methodology:
Input Parameters: The script starts by accepting user inputs for clustering settings, oscillator periods, weights, divergence detection, and manual boundary definitions for normalization.
Oscillator Calculation & Normalization: It computes RSI, Stochastic, and CCI values from the price data. These values are then normalized using either the MinMax method (scaling between a lower and upper band) or the Z-Score method (standardizing based on mean and standard deviation), or using Z-Bins for an alternative scaling approach.
Score Computation: Each normalized oscillator is multiplied by its corresponding weight. The sum of these products results in the overall Score that represents the combined oscillator behavior.
Clustering Algorithm: The Score is evaluated over a moving window to determine its minimum and maximum values. Using these values, the script calculates a cluster index that divides the Score into a predefined number of clusters. An option to invert the cluster calculation is provided to adjust the interpretation of the clustering.
Divergence Analysis: The indicator employs pivot detection (using left and right bar parameters) on both the price and the Score. It then compares recent pivot values to detect regular and hidden divergences. When a divergence is found, the script plots labels and optional connecting lines to highlight these key moments on the chart.
Plotting: Finally, based on the user’s selection, the indicator plots either the Score or the Cluster Index. It also overlays manual boundary lines (for the chosen normalization method) and adjusts the bar colors according to the cluster to provide clear visual feedback on market conditions.
_________
By integrating multiple oscillator signals into one cohesive tool, the Clustering & Divergences (RSI-Stoch-CCI) indicator helps traders minimize subjective analysis. Its dynamic clustering and automated divergence detection provide a streamlined method for assessing market conditions and potentially enhancing the accuracy of trading decisions.
For further details on using this indicator, please refer to the guide available at:
Uwen FX: UWEN StrategyThis Pine Script defines a trading indicator called "Uwen FX: UWEN Strategy" Where ideas coming from Arab Syaukani and modified by Fiki Hafana. It combines a CCI-based T3 Smoothed Indicator with a MACD overlay. Here's a breakdown of what it does:
Key Components of the Script:
1. CCI (Commodity Channel Index) with T3 Smoothing
Uses a T3 smoothing algorithm on the CCI to generate a smoother momentum signal. The smoothing formula is applied iteratively using weighted averages. The final result (xccir) is plotted as a histogram, colored green for bullish signals and red for bearish signals.
2. MACD (Moving Average Convergence Divergence)
The MACD is scaled to match the range of the smoothed CCI for better visualization. Signal Line and MACD Line are plotted if showMACD is enabled. The normalization ensures that MACD values align with the CCI-based indicator.
3. Bar Coloring for Trend Indication
Green bars indicate a positive trend (pos = 1).
Red bars indicate a negative trend (pos = -1).
Blue bars appear when the trend is neutral.
How It Can Be Used:
Buy Signal: When the xccir (smoothed CCI) turns green, indicating bullish momentum.
Sell Signal: When xccir turns red, indicating bearish momentum.
MACD Confirmation: Helps confirm the trend direction by aligning with xccir.
I will add more interesting features if this indicator seems profitable
Super 6x: RSI, MACD, Stoch, Loxxer, CCI, & Velocity [Loxx]Super 6x: RSI , MACD , Stoch , Loxxer, CCI , & Velocity is a combination of 6 indicators into one histogram. This includes the option to allow repainting.
What is MACD?
Moving average convergence divergence ( MACD ) is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. The MACD is calculated by subtracting the 26-period exponential moving average ( EMA ) from the 12-period EMA .
What is CCI?
The Commodity Channel Index ( CCI ) measures the current price level relative to an average price level over a given period of time. CCI is relatively high when prices are far above their average. CCI is relatively low when prices are far below their average. Using this method, CCI can be used to identify overbought and oversold levels.
What is RSI?
The relative strength index is a technical indicator used in the analysis of financial markets. It is intended to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. The indicator should not be confused with relative strength .
What is Stochastic?
The stochastic oscillator, also known as stochastic indicator, is a popular trading indicator that is useful for predicting trend reversals. It also focuses on price momentum and can be used to identify overbought and oversold levels in shares, indices, currencies and many other investment assets.
What is Loxxer?
The Loxxer indicator is a technical analysis tool that compares the most recent maximum and minimum prices to the previous period's equivalent price to measure the demand of the underlying asset.
What is Velocity?
In simple words, velocity is the speed at which something moves in a particular direction. For example as the speed of a car travelling north on a highway, or the speed a rocket travels after launching.
How to use
Long signal: All 4 indicators turn green
Short signal: All 4 indicators turn red
Included
Bar coloring
Alerts
Fisherized CCIIntroduction
This here is a non-repainting indicator where I use inverse Fisher transformation and smoothing on the well-known CCI (Commdity Channel Index) momentum indicator.
"The Inverse Fisher Transform" describes the calculation and use of the inverse Fisher transform by Dr . Ehlers in 2004. The transform is applied to any indicator with a known probability distribution function. It enables to transform an indicator signal into the range between +1 and -1. This can help to eliminate the noise of an indicator.
The CCI is an momentum indicator which describes the distance of the price to the average price.
For smoothing I used the Hann Window and NET (Noise Elimination Technique) methods.
Additional Features
Divergence Analysis
Trend-adaptive Histogram
Timeframe selection
Usage
It is usually used to spot potential trend reverals or mean-reversion (against the trend) trades on lower timeframes. IMO it can be even used to spot trend-following trades. It always depends on which settings you have, which timeframe do you use and which indicators you combine with it.
The suggested timeframe for this indicator is 15 min (with the length setting on 50).
The histogram with adaptive mode enabled could be used as filter applied on the buy and sell signals.
The divergence analysis can help to spot additional entries/exits or confirm the buy and sell signals.
Always try to find the best settings! This indicators has a lot of customization options you should take advantage of.
Signals
The indicator uses the following logic to generate the buy and sell signals:
Normal
Buy -> When CCI and MA go above the top band (usually +100) and cross
Sell -> When CCI and MA go below the the bottom band (usually -100) and cross
Fisherized
Buy -> When CCI and MA go above the the zero line and cross
Sell -> When CCI and MA go below the the zero line and cross
Have fun with the indicator! I am open for feedback and questions. :)
Baekdoo arrows (white : long term CCI trend changing signal)Hi forks,
I'm trader Baekdoosan who trading Equity from South Korea. This long term CCI trend changing signal will gives you good buy point for a long term trading.
As you know, CCI ( Commodity Channel Index ) is the indicator of how difference from MA(Moving Average). If CCI (period) value is 0 then it is the same value of the SMA (price, period). Indication of overselling or overbuying will be counted by -100 and 100 value of CCI . What I chose value is 240. which is almost a year of period. My signal will be plotted this long term CCI indicator cross over -100. But I don't want it to be marked in case of long term CCI value fluctuating from -101 to -99 which will be marked frequently. Thus I put candle counter of 60 days after cross under -100 then only I count for cross over -100. By this I have very good signal to mark on the chart. Please enjoy my signal and have good profit from it~! Gazua~!
RSI CCI Correlating Oscillator (RCCO) by empowerTRCCO is pronounced "ree-koh" or "rico".
The RCCO is simply the plot of the values of both the RSI and CCI added together.
The RCCO makes some adjustments though, so that both the RSI and the CCI will fit correctly on the same scale - and so that these adjustments for scale allow reversals to be detected at crossings.
When the CCI crosses from underneath to up above the RSI, this is usually a bullish reversal. Alternatively, when the CCI crosses from above to back under the RSI, that usually signals a bearish trend. Look for the widest swings you can find to ensure good momentum. The larger the volume, the clearer and more decisive the trends. Low volume will lead to ranging and lazy momentum. High volume will create clear and forceful trends. The lowest negative RCCO in a timeframe, and then add some high volume... and you have yourself a good setup for a successful trade.
Because the RSI and CCI are adjusted, you may not recognize their values from having used the respective indicators on their own. The RSI and CCI values are less important. What matters with this indicator are the crossings and the RCCO value. The RCCO value should be negative, preferably, a deeply negative value. Look at the historical chart for the target per your selected timeframe and decide what values work for you.
I hope you enjoy the RCCO and that it can help you become a little más RICO!
MTF CCI using EMAsThis is a CCI script adapted from 'CCI w EMA by Rick3712' which removes the EMA of the CCI and adds different sized CCI results to the same plot. An info box is also added for easy reference of current values.
CCI is a useful way to see the price's relation to moving averages in a different way, and being able to see the trend strength over time using the larger CCI allows a trader to make better informed decisions when reaching oversold or overbought conditions in relation to the shorter EMAs, such as the 20. You can also see patterns in a trend's strength easier by comparing the movements and levels to find likely areas of a pullback or buying opportunity.
In the example you can see a common level in ETH's parabolic movement on the 4h 750 EMA and 200 EMA that indicates a likely correction area.
MS MONEY CCI SQUEEZEAbout
I have used this indicator to find many lucrative opportunities. This indicator takes the moving average of CCI in custom, volatility-specific conditions. CCI measures "overbought" in the red-shaded region and "Oversold" in the green-shaded region. The shaded regions do not constitute a buy/sell signal alone, the MS CCI Squeeze is best used when market conditions agree and is best used when the user has fundamental reasoning for "reversal-like" situations to align. The MS CCI Squeeze will soon have a synergistic partner called "MS RSI Squeeze" indicator that will look similar to help better measure volatility and strength trend.
About the Commodity Channel Index (CCI)
The commodity channel index (CCI) is an oscillator originally introduced by Donald Lambert in 1980. Since its introduction, the indicator has grown in popularity and is now a very common tool for traders in identifying cyclical trends not only in commodities, but also equities (stocks) and currency trading.
How to set an Alert
If the user wants to set an alert , click on one of the support/ resistance lines (black-dashed) near the zero mark. Clicking on the horizontal line above or below the zero line will populate a yellow arrow which will allow you to set alerts when wanted.
Please Read For Better Efficiency
When using this indicator, keep an eye out for harmonic patterns, both bullish and bearish head and shoulders patterns for "HIDDEN" breakout opportunities.
Please like, follow and share and I will continue building better indicators.
WT3 speedup[WOZDUX]=Velocity and acceleration of the CCIModification of the CCI indicator WT3.
1) three indicators in one window. "kluch2" includes display 2 additional lines.
2) you can calculate the indicator by closing price and you can calculate the volume price. The key is the "key" includes the calculations according to the bulk price.
3) "kluchperegib" shows inflection points
4) For the line with the period "n1" the width of the channel on which it moves is calculated. The channel helps to track the boundaries of fluctuations.The channel width is Set in the "lband" variable.
5)" obLevel1 " defines the critical levels for the cci indicator.
6) since the meaning of the cci indicator and its modification wt is that it is the speed of price movement. Calculate the acceleration of prices. the variable "nwt"is used for this purpose.
The lilac line shows the acceleration of the price. Acceleration used to warn us about the reversal of the movement.
The General line of the indicator and the acceleration line together give more accurate information about the market mood. If the acceleration falls from top to bottom in advance, then wait for a quick price reversal from top to bottom. If the acceleration starts to rise from the bottom up, then also wait for a turn from the bottom up.
---------------
Скорость и ускорение CCI .
Модификация индикатора CCI под названием wt.
1) три индикатора в одном окне. "kluch2" включает дисплей 2 дополнительных линий.
2) Вы можете рассчитать индикатор по цене закрытия, и вы можете рассчитать цену объема. Ключ "ключ" включает в себя расчеты по объемной цене.
3)" kluchperegib " показывает пункты перегиба
4) Для линии с периодом "n1" рассчитывается Ширина канала, по которому она движется. Канал помогает отслеживать границы колебаний.Ширина канала Задается в переменной "lband".
5) "obLevel1" определяет критические уровни для индикатора cci.
6) так как смысл индикатора cci и его модификации wt заключается в том, что это скорость движения цены. Рассчитаем ускорение цены. для этого используется переменная "nwt".
Сиреневая линия показывает ускорение цены. Ускорение раньше предупреждало нас о развороте движения.
Общая линия индикатора и линия ускорения вместе дают более точную информацию о настроении рынка. Если ускорение падает сверху вниз заранее, то ждите быстрого разворота цены сверху вниз. Если ускорение начинает подниматься снизу вверх, то также ждите разворота снизу вверх.
CM Willams %R and CCI BackGround HighlightCM_Willams %R and CCI BackGround Highlight
Created By User Request
Indicator Highlights:
Creates Red BackGround Highlight if CCI Or Williams %R are Above Upper Line (User Defined)
Creates Green BackGround Highlight if CCI Or Williams %R are Below Lower Line (User Defined)
Ability to Turn On/Off either Williams %R or CCI Highlights in Inputs Tab via Check Boxes.
Ability To Set All Parameters for CCI and Williams %R in Inputs Tab.
Ability to Set High/Low “Threshold” Lines for Both CCI and Williams %R in Inputs Tab.
***I was asked if you could plot Back Ground Highlights on Two Individual Indicators AND have it show if BOTH Indicators were Overbought and Oversold.
***The answer is Yes. On the Chart Above I have the same Shade of Red and Green for Both Indicators. However, you will notice when Both Indicators Show OverBought…Both Plot Red Back Ground Highlights Which = a Brighter Red. The same is True for Oversold Conditions. The Green Shows a Brighter Shade of Green.
***VERY IMPORTANT - It is difficult for a programmer to release Indicators with this feature because depending on what color background you use on your charts…THE COLORS LOOK COMPLETELY DIFFERENT. So If You Don’t Use The Black Back Ground Shown Above You Most Likely Will Need To Adjust The Transparency, and Possibly The Colors Themselves!!!!
Reference Page
RSI, CCI, ADX Panel (Custom TF for Each)RSI, CCI, ADX Panel (Custom TF for Each)
This indicator combines RSI, CCI, and ADX into a single panel, allowing traders to view three key momentum/trend signals together. Each indicator can be calculated on its own custom timeframe, making it useful for multi-timeframe analysis.
Features:
RSI (Relative Strength Index): Measures momentum, useful for identifying overbought/oversold conditions.
CCI (Commodity Channel Index): Detects cyclical movements and potential reversals.
ADX (Average Directional Index): Evaluates trend strength without regard to direction.
Independent timeframe selection for RSI, CCI, and ADX.
Distinct colors for each indicator (RSI = Blue, CCI = Orange, ADX = Purple).
Single consolidated panel for compact analysis.
This tool is designed to give a multi-perspective view of market strength, momentum, and trend in one place.
Magic Trend By Market Mindset - Zero To EndlessMagic Trend indicator is an indicator combining the Commodity Channel Index (CCI) and the Average True Range (ATR) indicators.
The indicator is represented by a line that turns red when CCI readings are below 0 and converts to blue when CCI reaches above 0.
Color of the line can be treated as a trend indicator.
When CCI > 0 (Blue Color), price is assumed to be in uptrend and a buying momentum could be seen.
When CCI < 0 (Red Color), price is assumed to be in downtrend and a selling pressure could be seen.
Two Multipliers of ATR have been used. Default values for multiploier are : 1.5 and 3.0
It tells about the volatality in the price and also helps in deciding Entry poits, Stop loss points and sometimes Exit points.
If trend magic lines are not straight and moving upward/downward, continuition of the trend is expected and so Holding the position is adviced.
If the farther line (line with multiplier 3.0) is broken, a trend reversal can be seen soon.
In this case, squaring off and making reverse position is adviced near the other (1.5 mult) line.
If price is revolving in between these two lines... a sideways movement is expected.
Happy Trading
Market Mindset
Digital Kahler CCI [Loxx]Digital Kahler CCI is a Digital Kahler filtered CCI. This modification significantly reduces noise.
What is Digital Kahler?
From Philipp Kahler's article for www.traders-mag.com, August 2008. "A Classic Indicator in a New Suit: Digital Stochastic"
Digital Indicators
Whenever you study the development of trading systems in particular, you will be struck in an extremely unpleasant way by the seemingly unmotivated indentations and changes in direction of each indicator. An experienced trader can recognise many false signals of the indicator on the basis of his solid background; a stupid trading system usually falls into any trap offered by the unclear indicator course. This is what motivated me to improve even further this and other indicators with the help of a relatively simple procedure. The goal of this development is to be able to use this indicator in a trading system with as few additional conditions as possible. Discretionary traders will likewise be happy about this clear course, which is not nerve-racking and makes concentrating on the essential elements of trading possible.
How Is It Done?
The digital stochastic is a child of the original indicator. We owe a debt of gratitude to George Lane for his idea to design an indicator which describes the position of the current price within the high-low range of the historical price movement. My contribution to this indicator is the changed pattern which improves the quality of the signal without generating too long delays in giving signals. The trick used to generate this “digital” behavior of the indicator. It can be used with most oscillators like RSI or CCI .
First of all, the original is looked at. The indicator always moves between 0 and 100. The precise position of the indicator or its course relative to the trigger line are of no interest to me, I would just like to know whether the indicator is quoted below or above the value 50. This is tantamount to the question of whether the market is just trading above or below the middle of the high-low range of the past few days. If the market trades in the upper half of its high-low range, then the digital stochastic is given the value 1; if the original stochastic is below 50, then the value –1 is given. This leads to a sequence of 1/-1 values – the digital core of the new indicator. These values are subsequently smoothed by means of a short exponential moving average . This way minor false signals are eliminated and the indicator is given its typical form.
Calculation
The calculation is simple
Step1 : create the CCI
Step 2 : Use CCI as Fast MA and smoothed CCI as Slow MA
Step 3 : Multiple the Slow and Fast MAs by their respective input ratios, and then divide by their sum. if the result is greater than 0, then the result is 1, if it's less than 0 then the result is -1, then chart the data
if ((slowr * slow_k + fastr * fast_k) / (fastr + slowr) > 50.0)
temp := 1
if ((slowr * slow_k + fastr * fast_k) / (fastr + slowr) < 50.0)
temp := -1
Step 4 : Profit
Other implementations of Digital Kahler
This is to better understand the process the DK process and it's result, and furthermore, I'm linking these because for many in the Forex community, they see DK filtered indicators as the best implementations of standard indicators.
MACD
VHF-Adaptive, Digital Kahler Variety RSI w/ Dynamic Zones
Included:
Bar coloring
Signals
Alerts
Loxx's Expanded Source Types
Loxx's Moving Averages
Woodies CCI (SafeDay) v1.1Woodies CCI is a Commodity Channel Index-based system developed by Ken Woods. The main principle of this system is that the price moves in the direction of CCI.
Some traders use the indicator to spot a number of tradable CCI patterns both with and against the trend. Woodies CCI (SafeDay) is used to identify the zero line rejection, turbo line and CCI line break through the zero line for trade confirmation.
The Woodies CCI (SafeDay) is often used in combination with other signals and indicators. For example, when used with the SDT DOT indicator, it provides confirmation of the trade direction giving the user additional confidence in taking the trade.
This indicator can be used on all time frames.
[blackcat] L2 Ehlers Adaptive CCI 2013Level: 2
Background
John F. Ehlers introduced Adaptive CCI 2013 in his "Cycle Analytics for Traders" chapter 11 on 2013.
Function
The time length to be used for the channel in the calculations is widely varied in the literature. In all cases, the length is rather arbitrarily established to fit the indicator to some preconceived event. It seems to me that it would be better to use one full period of the dominant cycle as the length of data to be used.
The adaptive CCI indicator starts with the computation of the dominant cycle using the autocorrelation periodogram approach. The identification of the indicator itself is noted by the comment near the end following the dominant cycle calculation. Since the objective is to use only those frequency components passed by the roofing filter, the variable Filt is used as a data input rather than the average of the high, low, and close as was done by Donald Lambert (Inventor of CCI).
Key Signal
DominantCycle --> Dominant Cycle signal
MyCCI --> Adaptive CCI signal
Trigger --> lag version of Adaptive CCI signal
Pros and Cons
100% John F. Ehlers definition translation of original work, even variable names are the same. This help readers who would like to use pine to read his book. If you had read his works, then you will be quite familiar with my code style.
Remarks
The 53th script for Blackcat1402 John F. Ehlers Week publication.
Readme
In real life, I am a prolific inventor. I have successfully applied for more than 60 international and regional patents in the past 12 years. But in the past two years or so, I have tried to transfer my creativity to the development of trading strategies. Tradingview is the ideal platform for me. I am selecting and contributing some of the hundreds of scripts to publish in Tradingview community. Welcome everyone to interact with me to discuss these interesting pine scripts.
The scripts posted are categorized into 5 levels according to my efforts or manhours put into these works.
Level 1 : interesting script snippets or distinctive improvement from classic indicators or strategy. Level 1 scripts can usually appear in more complex indicators as a function module or element.
Level 2 : composite indicator/strategy. By selecting or combining several independent or dependent functions or sub indicators in proper way, the composite script exhibits a resonance phenomenon which can filter out noise or fake trading signal to enhance trading confidence level.
Level 3 : comprehensive indicator/strategy. They are simple trading systems based on my strategies. They are commonly containing several or all of entry signal, close signal, stop loss, take profit, re-entry, risk management, and position sizing techniques. Even some interesting fundamental and mass psychological aspects are incorporated.
Level 4 : script snippets or functions that do not disclose source code. Interesting element that can reveal market laws and work as raw material for indicators and strategies. If you find Level 1~2 scripts are helpful, Level 4 is a private version that took me far more efforts to develop.
Level 5 : indicator/strategy that do not disclose source code. private version of Level 3 script with my accumulated script processing skills or a large number of custom functions. I had a private function library built in past two years. Level 5 scripts use many of them to achieve private trading strategy.
Best Supertrend CCI StrategyHello traders
Someone requested the strategy version of the Supertrend CCI indicator
It's a Supertrend not based on candle close but based on a CCI ( Commodity Channel Index )
How does it work?
Bull event: CCI crossing over the 0 line
Bear event: CCI crossing below the 0 line
When the event is triggered, the script will plot the Supertrend as follow
UP Trend = High + ATR * Factor
DOWN Trend = Low - ATR * Factor
This is an alternative of the classical Supertrend based on candle close being above/beyond the previous Supertrend level.
Hope you'll enjoy it and it will improve your trading making you a better trader
Dave
Combo Strategy 123 Reversal & CCI This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
The Commodity Channel Index (CCI) is best used with markets that display cyclical or
seasonal characteristics, and is formulated to detect the beginning and ending of these
cycles by incorporating a moving average together with a divisor that reflects both possible
and actual trading ranges. The final index measures the deviation from normal, which indicates
major changes in market trend.
To put it simply, the Commodity Channel Index (CCI) value shows how the instrument is trading
relative to its mean (average) price. When the CCI value is high, it means that the prices are
high compared to the average price; when the CCI value is down, it means that the prices are low
compared to the average price. The CCI value usually does not fall outside the -300 to 300 range
and, in fact, is usually in the -100 to 100 range.
WARNING:
- For purpose educate only
- This script to change bars colors.
Combo Strategy 123 Reversal & CCI This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
The Commodity Channel Index (CCI) is best used with markets that display cyclical or
seasonal characteristics, and is formulated to detect the beginning and ending of these
cycles by incorporating a moving average together with a divisor that reflects both possible
and actual trading ranges. The final index measures the deviation from normal, which indicates
major changes in market trend.
To put it simply, the Commodity Channel Index (CCI) value shows how the instrument is trading
relative to its mean (average) price. When the CCI value is high, it means that the prices are
high compared to the average price; when the CCI value is down, it means that the prices are low
compared to the average price. The CCI value usually does not fall outside the -300 to 300 range
and, in fact, is usually in the -100 to 100 range.
WARNING:
- For purpose educate only
- This script to change bars colors.
Steroid CCI w/ Overbought & Oversold Alert//@version=2
//By Tantamount
//Channel Commodity Index (CCI) with overbought and oversold alert features! Highly configurable indicator that includes a Topography map feature, used to detect & show minute threshold crosses.
//CCI is a momentum based technical trading tool used to help determine when an asset is reaching an overbought or oversold condition and is an great alternative to RSI.
//This CCI tool comes loaded with features and is easily configurable back to standard CCI or with your own preferences.
Customize to your liking:
Simple alert signals
The full enchilada, with Topo map view!
Stand alone CCI oscillator
Coloured CCI Histogram V2.0 by JustUncleLThis is a requested update of this script. This is a standard CCI indicator that shows a coloured histogram of important CCI levels, giving a good visual of the CCI levels. Added to this version is an extra coloured level +/-200 and an option to calculate CCI with EMA instead of the standard SMA.
CCI LEVELS:
Light Green - Greater than 0 and less than 100.
Green - Greater than 100 and less than 200.
Aqua - Greater than 200.
Light Red - Less than 0 and greater than -100.
Red - Less than -100 and greater than -200.
Magenta - Less than -200.
If you would like different colour arrangement just change them in the "Style" settings of the indicator.
This study calculates CCI strategy The Commodity Channel Index (CCI) is best used with markets that display cyclical or
seasonal characteristics, and is formulated to detect the beginning and ending of these
cycles by incorporating a moving average together with a divisor that reflects both possible
and actual trading ranges. The final index measures the deviation from normal, which indicates
major changes in market trend.
To put it simply, the Commodity Channel Index (CCI) value shows how the instrument is trading
relative to its mean (average) price. When the CCI value is high, it means that the prices are
high compared to the average price; when the CCI value is down, it means that the prices are low
compared to the average price. The CCI value usually does not fall outside the -300 to 300 range
and, in fact, is usually in the -100 to 100 range.
