OPEN-SOURCE SCRIPT
MTF CCI Bar
OVERVIEW
This indicator shows whether Commodity Channel Index (CCI) is above or below 0, represented by a bar. This indicator is compatible with MTF.
CONCEPTS
What do you want to know about market analysis?
Do you want a hard analysis? You can look for it.
All I want to know is whether the commonly known technical analysis is 'UP' or 'DOWN'.
All I want to know is whether the current market price is going up or down. Not only for the current, but also for the monthly, weekly, and daily status.
I want to make a decision in a moment. Without even thinking about it.
That is why I created a color-coded bar indicator to show the status.
No need to frown anymore.
DETAILS
CCI is a momentum oscillator used in technical analysis primarily to identify overbought and oversold levels by measuring an instrument's variations away from its statistical mean. For this indicator, I have removed the concept of overbought and oversold.
0 <= CCI green
0 > CCI red
However, with future upgrades, I would like to color-code it for overbought and oversold conditions as well.
This indicator shows whether Commodity Channel Index (CCI) is above or below 0, represented by a bar. This indicator is compatible with MTF.
CONCEPTS
What do you want to know about market analysis?
Do you want a hard analysis? You can look for it.
All I want to know is whether the commonly known technical analysis is 'UP' or 'DOWN'.
All I want to know is whether the current market price is going up or down. Not only for the current, but also for the monthly, weekly, and daily status.
I want to make a decision in a moment. Without even thinking about it.
That is why I created a color-coded bar indicator to show the status.
No need to frown anymore.
DETAILS
CCI is a momentum oscillator used in technical analysis primarily to identify overbought and oversold levels by measuring an instrument's variations away from its statistical mean. For this indicator, I have removed the concept of overbought and oversold.
0 <= CCI green
0 > CCI red
However, with future upgrades, I would like to color-code it for overbought and oversold conditions as well.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
TradingViewインジケーターを50個近く無料公開しています。
fxnav.net/tradingview/tv_indicators/
fxnav.net/tradingview/tv_indicators/
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
TradingViewインジケーターを50個近く無料公開しています。
fxnav.net/tradingview/tv_indicators/
fxnav.net/tradingview/tv_indicators/
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.