OPEN-SOURCE SCRIPT

CCI Analyses

This script analyses the CCI indicator values, showing when a fall in price or a rise in price may happen, or when the CCI is confirming the trend.

The user can personalize:
  • The period to be used and the range of the CCI bands ([-100, 100] by default)
  • The slow SMA period to be used and the price percentage variation to react for bullish/bearish
  • Consecutive number of bullish/bearish in order to consider the CCI as a trend confirmation rather than a price reversal

Bearish PatternsBullish PatternsCentered OscillatorsCommodity Channel Index (CCI)falllingMoving AveragesreversalreversalpatternrisingTrend Analysis

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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