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CCI+ by quantsnaz

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the CCI+ indicator is a modified version of the commodity channel index (CCI) that utilizes a moving average to enhance its performance. this hybrid approach provides a powerful tool for both trend-following and mean-reversion usage.

buy signal: when the CCI+ crosses above the mid-line(0), it suggests an uptrend is underway.
sell signal: when the CCI+ crosses below the mid-line, it signals a potential downtrend.

a potential price reversal may be signaled when the CCI+ reaches extreme levels, marked by a pronounced intensification of the lime colour gradient, suggesting an overbought or oversold condition.

i hope the CCI+ proves to be a valuable tool in your trading arsenal, enjoy!

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.