OPEN-SOURCE SCRIPT
מעודכן CCI Bullish - Price Crossed Above EMA(50) High & CCI(50) > 50
EMA50 High + CCI50 Momentum Breakout
This indicator is a trend-following momentum strategy designed to identify high-probability long entry points. It combines a dynamic price channel with a classic momentum oscillator to confirm that the asset is both breaking out of resistance and gaining strong bullish velocity simultaneously.
🔎 How It Works
The script monitors two independent conditions to confirm a valid market entry, filtering out weak price moves by requiring both price structure and momentum to align.
* Dynamic Resistance (EMA 50 of Highs): Instead of using standard closing prices, this indicator calculates an Exponential Moving Average using the high of each candle. This creates a smoothed, dynamic "ceiling" or resistance line. A close above this line signals a significant structural breakout.
* Momentum Filter (CCI 50): The Commodity Channel Index (CCI) tracks the asset's current price relative to its historical statistical average. By setting the lookback period to 50 and watching for a cross above the +50 level, the script ensures that the price breakout is backed by real institutional buying pressure, rather than low-volume noise.
## 📊 Trigger Conditions
A green "BUY" label plots on the chart exclusively when both of the following conditions occur on the exact same candle:
1. The candle closing price crosses above the orange EMA (50, High).
2. The CCI (50) crosses above the +50 momentum line.
## 💡 Trading Tips & Implementation
* Trend Filtration: This indicator excels in trending or expanding markets. In tight, sideways consolidation ranges, it may produce false signals (whipsaws) as the price chops through the moving average.
* Risk Management: The orange EMA line can serve double-duty as a dynamic trailing stop-loss indicator. Traders frequently look to protect capital by placing initial stops below the breakout candle low or trailing it along the EMA curve.
* Customizability: You can easily change the momentum sensitivity by tweaking the CCI Length inside the indicator settings menu without touching the code.
This indicator is a trend-following momentum strategy designed to identify high-probability long entry points. It combines a dynamic price channel with a classic momentum oscillator to confirm that the asset is both breaking out of resistance and gaining strong bullish velocity simultaneously.
🔎 How It Works
The script monitors two independent conditions to confirm a valid market entry, filtering out weak price moves by requiring both price structure and momentum to align.
* Dynamic Resistance (EMA 50 of Highs): Instead of using standard closing prices, this indicator calculates an Exponential Moving Average using the high of each candle. This creates a smoothed, dynamic "ceiling" or resistance line. A close above this line signals a significant structural breakout.
* Momentum Filter (CCI 50): The Commodity Channel Index (CCI) tracks the asset's current price relative to its historical statistical average. By setting the lookback period to 50 and watching for a cross above the +50 level, the script ensures that the price breakout is backed by real institutional buying pressure, rather than low-volume noise.
## 📊 Trigger Conditions
A green "BUY" label plots on the chart exclusively when both of the following conditions occur on the exact same candle:
1. The candle closing price crosses above the orange EMA (50, High).
2. The CCI (50) crosses above the +50 momentum line.
## 💡 Trading Tips & Implementation
* Trend Filtration: This indicator excels in trending or expanding markets. In tight, sideways consolidation ranges, it may produce false signals (whipsaws) as the price chops through the moving average.
* Risk Management: The orange EMA line can serve double-duty as a dynamic trailing stop-loss indicator. Traders frequently look to protect capital by placing initial stops below the breakout candle low or trailing it along the EMA curve.
* Customizability: You can easily change the momentum sensitivity by tweaking the CCI Length inside the indicator settings menu without touching the code.
הערות שחרור
**EMA50 High + CCI50 Buy Signal Indicator**This indicator highlights bullish momentum by combining two proven technical conditions: price strength relative to the EMA(50) High and upward confirmation from the CCI(50).
**How it works**
1. **EMA(50) High Breakout**
The indicator calculates the 50‑period Exponential Moving Average applied to the *high* price. When the closing price crosses **above** this EMA, it suggests strengthening price structure and potential bullish continuation.
2. **CCI(50) Momentum Confirmation**
The Commodity Channel Index (CCI) measures price deviation from its statistical mean. A cross above **+50** indicates rising bullish pressure and confirms the momentum shift.
3. **Buy Signal Trigger**
A BUY signal is generated only when both conditions occur together:
- Close crosses **above** EMA(50) High
- CCI(50) crosses **above +50**
This dual‑condition approach filters noise and highlights moments where price action and momentum align to the upside.
**Visuals**
- EMA(50) High plotted on the chart
- Green BUY label displayed below the bar when conditions align
**Use Case**
Ideal for traders seeking a clean, rule‑based bullish entry signal using classic technical indicators. Works well as part of a broader trend‑following or momentum‑based strategy.
הערות שחרור
**EMA50 High + CCI50 Buy Signal Indicator**This indicator highlights bullish momentum by combining two proven technical conditions: price strength relative to the EMA(50) High and upward confirmation from the CCI(50).
**How it works**
1. **EMA(50) High Breakout**
The indicator calculates the 50‑period Exponential Moving Average applied to the *high* price. When the closing price crosses **above** this EMA, it suggests strengthening price structure and potential bullish continuation.
2. **CCI(50) Momentum Confirmation**
The Commodity Channel Index (CCI) measures price deviation from its statistical mean. A cross above **+50** indicates rising bullish pressure and confirms the momentum shift.
3. **Buy Signal Trigger**
A BUY signal is generated only when both conditions occur together:
- Close crosses **above** EMA(50) High
- CCI(50) crosses **above +50**
This dual‑condition approach filters noise and highlights moments where price action and momentum align to the upside.
**Visuals**
- EMA(50) High plotted on the chart
- Green BUY label displayed below the bar when conditions align
**Use Case**
Ideal for traders seeking a clean, rule‑based bullish entry signal using classic technical indicators. Works well as part of a broader trend‑following or momentum‑based strategy.
סקריפט קוד פתוח
ברוח האמיתית של TradingView, יוצר הסקריפט הזה הפך אותו לקוד פתוח, כך שסוחרים יוכלו לעיין בו ולאמת את פעולתו. כל הכבוד למחבר! אמנם ניתן להשתמש בו בחינם, אך זכור כי פרסום חוזר של הקוד כפוף ל־כללי הבית שלנו.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
סקריפט קוד פתוח
ברוח האמיתית של TradingView, יוצר הסקריפט הזה הפך אותו לקוד פתוח, כך שסוחרים יוכלו לעיין בו ולאמת את פעולתו. כל הכבוד למחבר! אמנם ניתן להשתמש בו בחינם, אך זכור כי פרסום חוזר של הקוד כפוף ל־כללי הבית שלנו.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.