CryptoProSignal

CCI heatmap(15-170)

This is CCI ( Commodity channel index ) heatmap for the period lengths (15 to 170).

How to use :

1.) When overwhelming green appears, it means price is supposed to be trending up.

2.) When white appears, it means price is supposed to be neutral.

3.) When overwhelming red appears, it means price is supposed to be trending down.

Note: This indicator is supposed to be used with CCI heatmap(175-330) and CCI heatmap(335-490) aligned in increasing order of period lengths for higher resolution of period lengths. Otherwise use CCI heatmap(low resolution) indicator in which these 3 high resolution indicator is adjusted to a single indicator.

(Expect remaining indicator to be published to the public in mid of march 2021)
Release Notes: Expanded the current script from input lengths (15-170) to now (20-330). Therefore no need of multiple instances/resolutions of same indicator.
Protected script
This script is published closed-source and you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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Comments

Another way to use it would be to watch an asset going white and then expect a break out.
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@kiero, good idea! That(white) would be equivalent to asset compression.
Reply
kiero CryptoProSignal
@CryptoProSignal,
I'm actually looking for a way to use TV's scanner to find assets in compression or breaking out of one.
Reply
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