//This is a new update with specific signals. Clearly, when the red line cut down the green line with a white candle, you had a sell signal for a few candles after. At the back side,.....
Here is a backtest the CryptoVN - Commodity Channel Index (CCI) has published :
With condition for Buy/Sell:
Buy signals: the CCI for movement above +100
Sell signals:the CCI for movements below -100
- The Trend Is Your Friend. TRADE WHAT YOU SEE, NOT WHAT YOU THINK.
Based on Pinks Multi RSI Script, , I've adapted it to fit CCI. This offers an at a glance look at overbought and oversold CCI levels.
You can adjust the length as well as the overbought and oversold levels (default overbought and oversold levels are 100 and -100). As with Pinks' indicator, it is recommended that you use it on the log scale.
Timeframes...
The CCI, or Commodity Channel Index, was developed by Donald Lambert, a technical analyst who originally published the indicator in Commodities magazine (now Futures) in 1980.
Despite its name, the CCI can be used in any market and is not just for commodities.
CCI is calculated with the following formula:
(Typical Price - Simple Moving Average) / (0.015 x...
Determining market trends has become a science even though a high number or people
still believe it’s a gambling game. Mathematicians, technicians, brokers and investors
have worked together in developing quite several indicators to help them better understand
and forecast market movements.
Developed by Modulus Financial Engineering Inc., the prime number...
Excelente indicador a mi parecer, bastante complejo pero muy bien acoplado; dejo aquí las fuentes para aprender a utilizarlo:
www.x-trader.net
www.x-trader.net www.x-trader.net www.x-trader.net
I take no credit for this script. I swapped the Hull moving average used the original program made by SeaSide420 for a gaussian smooth function made by jjaskulowski. This script seems to consistently outperform the original strategy for the long condition. I'm mainly focused on crypto, so I removed the "short" option because most crypto exchanges don't have this...
RSI + Stoch RSI + CCI alerts overlay (3 in one)
Blue alert = CCI crossover bullish
Red Alert = CCI crossover Bearish
-----
How to use it?
You can compare the alerts with RSI and Stoch RSI conditions to see if its reliable, check my vertical lines on the chart
Feel free to contact me anytime, good luck!
PrimeTrading
Relative Momentum Index indicator script. This indicator was originally developed by Roger Altman (Stocks & Commodities V. 11:2 (57-60)).
RMI with momentum period of 1 will be equal to an RSI when they have the same period and source price.
This script shows three CCIs in one frame, three different frames (20,140,3360) on the same chart.
Purely for for visual purposes values multiplied with e.
CCI is using simple moving average and mean deviation, a basic versatile momentum oscillator-indicator.
Useful for 2h charts.
I built a baseline histogram chart that allows you to quickly view OKEX, BITMEX Quarts, and BITMEX Bi-Annuals versus spot. Colors are all editable, and you can change to area/line if youd like!
Let me know if you have any questions or suggestions!
![BTCUSD: RSI + Stoch RSI + CCI [PrimeTrading]](https://s3.tradingview.com/v/VkSs95pV_mid.png "RSI + Stoch RSI + CCI [PrimeTrading]")
