OPEN-SOURCE SCRIPT

Improved Commodity Channel Index

I took the normal CCI version and I made it better and more pleasantly visual.

At the same time now the CCI changes color based on the direction is going to take

We also have more levels, to define even better the current situation.



Details are simple :
green color cci = uptrend - > buy
red color cci = downtrend - > sell
Commodity Channel Index (CCI)downtrendimprovedoverboughtuptrend

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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