Hi All, This is a Dual/Multi TF CCI script to be used for Intraday as well as positional system.
Intraday: Chart TF : 5 mins Underlying Trend CCI : CCI 34 of 30 mins TF Immediate Trend CCI : CCI 34 of 5 mins TF Execution CCI : CCI 8 of 5 mins TF The CCIs are used for entry, exit during momentum breakouts or pullbacks.
General Long Setup: Buy at CCI-8 5m below -135, when CCI-34 30 mins is > +100. Long exit when CCI 34 5 min < -60
General Short Setup: Sell at CCI-8 5m above -135, when CCI-34 30 mins is < -100. Short exit when CCI 34 5 min > +60
The same CCI settings can be used for positional or investment per appropriate timeframes one is interested to trade, along with HTF above in ratio 1:5.
Hope its helpful!
Release Notes
⋅
Hi All, This is a Dual/Multi TF CCI script to be used for Intraday as well as positional system.
Intraday: Chart TF : 5 mins Underlying Trend CCI : CCI 34 of 30 mins TF Immediate Trend CCI : CCI 34 of 5 mins TF Execution CCI : CCI 8 of 5 mins TF The CCIs are used for entry, exit during momentum breakouts or pullbacks.
General Long Setup: Buy at CCI-8 5m below -135, when CCI-34 30 mins is > +100. Long exit when CCI 34 5 min < -60
General Short Setup: Sell at CCI-8 5m above +135, when CCI-34 30 mins is < -100. Short exit when CCI 34 5 min > +60
The same CCI settings can be used for positional or investment per appropriate timeframes one is interested to trade, along with HTF above in ratio 1:5.
Hope its helpful!
Release Notes
⋅
This is a Dual/Multi TF CCI script to be used for Intraday as well as positional system.
Intraday: Chart TF : 5 mins Underlying Trend CCI : CCI 34 of 30 mins TF Immediate Trend CCI : CCI 34 of 5 mins TF Execution CCI : CCI 8 of 5 mins TF The CCIs are used for entry, exit during momentum breakouts or pullbacks.
General Long Setup: Buy at CCI-8 5m below -135, when CCI-34 30 mins is > +100. Long exit when CCI 34 5 min < -60
General Short Setup: Sell at CCI-8 5m above +135, when CCI-34 30 mins is < -100. Short exit when CCI 34 5 min > +60
The same CCI settings can be used for positional or investment per appropriate timeframes one is interested to trade, along with HTF above in ratio 1:5.
Version 1.1 CCI settings have been automated to pick appropriate HTF. CCI labels added to show what period and TF each line refer to.
Now this script is ready for CCI positional trading system on any HTF also. Hope its helpful!