Stoch CCI has nicer divergences than Stoch RSI. Enjoy.
Here is an attempt to improve on the CCI using a volume weighted ema which is then plugged into the CCI formula. Use: The CCI with VW EMA is an oscillator that gives readings between -100 and +100. The usual use is to 'go long' with values over +100 and short on values less than -100. Another use of this oscillator is a countertrend indicator where one sells at...
UPDATE: added CCI to the list of oscilators.
This is a T3 CCI with a fast and slow line as well as extreme lines, a -15,15 filter to make zero line rejections and crosses more mechanical and help weed out whipsaw. I will probably update description in the future and get into more detail about how the indicator is used but for now if you want more info look up woodie CCI patterns :) Good Luck!!
Version 3: Improved aesthetically, complete turnaround for the strategy with which to use this indicator. Once again, thanks to BlindFreddy and ChrisMoody for the bits of code that were assembled into this indicator. Make the chart yours using the share button for the indicator with barcolors functionality. Changes from v2 and looking forward: Indicator now uses a...
Version 3: Improved aesthetically, complete turnaround for the strategy with which to use this indicator. Once again, thanks to BlindFreddy and ChrisMoody for the bits of code that were assembled into this indicator. Make the chart yours using the share button for the indicator with barcolors functionality. Changes from v2 and looking forward: Indicator now...
Included adaptive lot size based on ATR, and also ATR based stop and take profit levels. Risk/reward increased to 1:2 and should work in all ranging FX pairs as long as they are not trending. Once the market starts trending it'll eat this bot alive. Cheers, Ivan Labrie Time at Mode FX
Here's the last version...quick hack job. I'm sure it can be improved, but this is a rough sketch, code wise. The strategy works in range bound enviroments, so cointegrated pairs like AUDCAD will shine with it. Cheers, Ivan Labrie Time at Mode FX
Still working on fixing the code 100%. Will update with a new version soon. This one's fine tuned for gold (tp and sl size, and contract size for a 100k account) Cheers, Ivan Labrie Time at Mode FX
Just a test...I'm not sure this will work 100%. I think the backtest is flawed (the exit parameters look suspicious) Anyway, the strategy does make sense, maybe in live trading it'll toss good signals. Can we apply it to our demo account here? (trading panl) Anyone?
EXPERIMENTAL: request from anonimm
I coded this indicator to adapt a few techniques I learned from Constance Brown to CCI, which is a very good momentum indicator which gives great signals if you know how to read them. I plotted a few examples on the chart. As you can see, it complements a trader's bar chart reading skills nicely if applied correctly. Hope you can find it of use. Cheers, Ivan.
Slightly enhenced CCI. Take a look how difference between slow and fast CCI displayed as histogram can predict possible reverse. EDIT: fast = 14, slow = 28 works better.
CM_Willams %R and CCI BackGround Highlight Created By User Request Indicator Highlights: Creates Red BackGround Highlight if CCI Or Williams %R are Above Upper Line (User Defined) Creates Green BackGround Highlight if CCI Or Williams %R are Below Lower Line (User Defined) Ability to Turn On/Off either Williams %R or CCI Highlights in Inputs Tab via Check...
This is Version - 2 of the Momentum Oscillator, Like i said on the prior version, This version has an Indicator for Trends. Marks only Overbought and Oversold Based on the TREND. The Trend dots are calculated exactly like the Slingshot system trend.
Added 0 Line, + - 200 lines Added a line that hi-lights the outside of the CCI Updated 8/12/2014 by request for christian.david.75457 Added Ability To Plot 2nd CCI - !!! Added ability to turn On/Off the +-200 lines. Added Ability to Turn On/Off Show Area of CCI Added Ability To Turn On/Off Show The Outer CCI Line