inno14

BO - CCI Arrow with Alert

BO - CCI Arrow with Alert base on CCI indicator to get signal for trade Binary Option.
Rules of BO - CCI Arrow with Alert below:

A. Setup Menu
1. cciLength:
* Default CCI lenght = 14
2. Linear Regression Length:
* Periods to calculate Linear Regression of CCI ,
* Default value = 5
3. Extreme Level:
* Default top extreme level = 100
* Default bottom extreme level = -100
4. Filter Length:
* Periods to define highest or lowest Linear Regression
* Default value = 6

B. Rule Of Alert Bar
1. Put Alert Bar
* Current Linear Regression Line created temporrary peak
* Peak of Linear Regression Line greater than Top Extreme Level (100)
* Previous Linear Regression is highest of Filter Length (6)
* Previous Linear Regression is greater than previous peak of Linear Regression Line
* Current price greater than previous low
* CCI (14) less than Linear Regression Line

2. Call Alert Bar
* Current Linear Regression Line created temporrary bottom
* Bottom of Linear Regression Line less than Bottom Extreme Level (-100)
* Previous Linear Regression is lowest of Filter Length (6)
* Previous Linear Regression is less than previous bottom of Linear Regression Line
* Current price less than previous lhigh
* CCI (14) greater than Linear Regression Line

B. Rule Of Entry Bar and Epiry.
1. Put Entry with expiry 3 bars:
* After Put Alert Bar close with signal confirmed, put Arrow appear, and after 3 bars, result label will appear to show win trade, loss trade or draw trade
2. Call Entry with expiry 3 bars:
* After Call Alert Bar close with signal confirmed, call Arrow appear, and after 3 bars, result label will appear to show win trade, loss trade or draw trade.
3. While 1 trade is opening no more any signal

C. Popup Alert/Mobile Alert
1. Signal alert: Put Alert or Call Alert will send to mobile or show popup on chart
2. Put Alert: only Put Alert will send to mobile or show popup on chart
3. Call Alert: only Call Alert will send to mobile or show popup on chart
Release Notes: Update result trade, code from row 86 to row 95
Release Notes: Add feature "Apply Trend Line Filter" to setup menu. By default this feature is disable.
If this feature is active, rule of signal as below:
* Only Call Alert appear while current price moving above trend line
* Only Put Alert appear while current price moving below trend line

=== Setup Menu of Apply Trend Line Filter ===
1. Trend Line Period:
* Lenght of bars to calculate Trend line.
* Default value = 100
2. Source:
* Source to calculate Trend line.
* Default value = close
3. Trend Line's Type:
* Type of Moving Average to calculate Trend line.
* Default value = Gaussian Filter script by Alex Orekhov (everget)
* This feature has 9 types of Moving Average to calculate Trend line: "Gaussian Filter","SMA","EMA","TEMA","WMA","VWMA","DONCHIAN","HULL MA","ALMA"
Release Notes: Add Info Panel to chart.
Remove from Favorite Scripts Add to Favorite Scripts

Comments

I think I must be using this wrong, I have not had any winnings with either my put or call trades from this indicator. What's the best way to use it to actually win trades?
Reply
inno14 Mister_Sparkle
@Mister_Sparkle, One example:
* Chart EJ IDC M5
* Indicator default setup: CCI Len: 14, Linear Reg len: 5, Extreme level: 5, Filter len: 6, Not apply trend line filter
* Time when last alert was sent: 03-07-2020 20:50:00 UTC
* Current price when the signal was sent (price at bar 20:45:00 UTC closed): 120.875
* Direction: Put
* Price to aim or "Strike price" (price at bar 20:50:00 UTC open): 120.852
* Expiry time: 21:05:00 UTC
* Expiry price: 120.836
* Signal status: Win
* High price: 120.895
* High price Time: 20:57:00 UTC
* Low price: 120.741
* Low price Time: 20:52:00 UTC
* Best price: 120.895
* Best price Time: 20:57:00 UTC
* Status if you trade from best price: Win
* Status if you trade from "Strike price": Win
Reply
Thanks, awesome indicator!
Reply
some time showing loosing trade as win
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out