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Commodity Channel Index (CCI)
The Commodity Channel Index (CCI) is a momentum oscillator used in technical analysis that measures an instrument's variations from its statistical mean. The CCI is a very well-known and widely-used indicator that has gained a level of popularity in no small part due to its versatility. It is a fully unbounded oscillator and has no lower or upper limit. The CCI is often used to find reversals as well as divergences. Originally, the indicator was designed to be used for identifying trends in commodities, however, it is now used on a wide range of financial instruments.
"G point of trading" is a strategy based on my previously published three indicators - TRSI, DECCI and DTRIX.
It uses Heikin Ashi bars for best performance. It has a simple code and has no repainting.
How to use:
1. Use Heikin Ashi bars.
2. Buy and Sell signals are generated when all indicators head in one direction at the same time and some other conditions...
This is a backtest for my CCI PWR indicator here. It works very well on a daily chart but may be useful for lower timeframes.
You can change the backtest settings to test different periods of time.
I have included a stop-loss function that will exit a trade if the price goes against the signals. The parameter is an integer that represents a %age of the current...
This indicator is great for BTC/USD pairs and gives entry signals. I am just gauging interest at this point so message me if you like the indicator!
This is a leading indicator and gives signals early to get a good entry into long or short positions. It works best on a daily timeframe but can be useful on smaller timeframes too.
How to use:
If the background...
Even if it does not display various indicators, it is possible to display seven indicators with this one.
From configuration script
You can select “Awesome Oscillator, CCI, MACD, Price Oscillator, RSI,...
This Indicator based on RSI Divergence with Overbought and oversold signals.
All tops and bottoms calculated with Moving Average Crosses and combines with RSI signals.
Best working Timeframe is H4 on current settings, you can modify values to find best for you.
Current settings best for BTC trading.
At the beginning it can confuse you to understand but you will...
This script is based on Commodity Channel Index and double EMA - one based on price, the second one based on CCI with some modifications and calculation method to reduce and filter wrong signals.
The script was made based my own researches and trade experience on cryptocurrency market.
Recommended timeframe is 15 minutes. But you can use it on bigger...
After several months of using other published Study scripts, subscriptions (with and without back testers) without achieving what I thought was more profitable, i decided to write the code myself.
Background: I invested in paid signals (like a lot of others do) bows, MAs, divergence, 'Holy Grails' etc - only to realise that actual profit wouldn't come close to...
Version 3: Improved aesthetically, complete turnaround for the strategy with which to use this indicator.
Once again, thanks to BlindFreddy and ChrisMoody for the bits of code that were assembled into this indicator.
Make the chart yours using the share button for the indicator with barcolors functionality.
Changes from v2 and looking forward: Indicator now uses a...
This is an updated and improved version of my "Price Action Trading strategy". I have added two extra optional filters, one is a trend direction filter based on the MACD slow EMA(17), blue line, and the other is a RSI(7) filter which works similarly to CCI(14) but slightly different dynamics (thank you to gianfranco60 for the suggestion). Also made a couple of...
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,...
This is Version - 2 of the Momentum Oscillator, Like i said on the prior version, This version has an Indicator for Trends.
Marks only Overbought and Oversold Based on the TREND.
The Trend dots are calculated exactly like the Slingshot system trend.
About John EHLERS:
From California, USA, John is a veteran trader. With 35 years trading experience he has seen it all. John has an engineering background that led to his technical approach to trading ignoring fundamental analysis (with one important exception).
John strongly believes in cycles. He’d rather exit a trade when the cycle ends or a new one starts....