OPEN-SOURCE SCRIPT
TheStocksDoctor_WVF + ADX + CCI
This script is a modified version of CM Williams Vix Fix for which I have added an indicator that shows when ADX and CCI are both indicating positive momentum - highlighted by green bars. This is part of TheStocksDoctor Trading System.
Inputs are as follows:
Lookback period Standard Deviation High ---> 22
Bolinger Band Length ---> 20
Bollinger Band Standard Dev.. ---> 2
Lookback period percentile high ---> 50
Highest Percentile ---> 0.85
----Highlight bars Below... ---> [no]
Show Highlight bar if WVF WAS true is now False ---> [yes]
Show highlight bar if WVF IS True --->[no]
----Highlight bars Below Use Filtered... ---> [no]
Show highlight bar for filtered entry ---> [yes]
Show highlight bar for AGGRESSIVE Filtered Entry? ---> [yes]
Check below to Turn all Bars Gray ---> [yes]
Check box to Turn Bars gray? ---> [no]
Long-term look back current bar has to close Below... ---> 40
Medium-term look back current bar has to close below... ---> 14
Entry price action strength --close... ---> 3
--------Turn On/Off Alerts below... ---> [no]
---To activate alerts you HAVE To Check... ---> [no]
---You can un Check the box BELOW... ---> [no]
Show Williams Vix Fix Histogram... ---> [yes]
Show Alert WVF = True? ---> [no]
Show Alert WVF wa true now False? ---> [no]
Show Alert WVF Filtered? ---> [no]
Show Alert WVF AGGRESSIVE Filter? ---> [no]
ADX Smoothing ---> 17
DI Length ---> 17
Inputs are as follows:
Lookback period Standard Deviation High ---> 22
Bolinger Band Length ---> 20
Bollinger Band Standard Dev.. ---> 2
Lookback period percentile high ---> 50
Highest Percentile ---> 0.85
----Highlight bars Below... ---> [no]
Show Highlight bar if WVF WAS true is now False ---> [yes]
Show highlight bar if WVF IS True --->[no]
----Highlight bars Below Use Filtered... ---> [no]
Show highlight bar for filtered entry ---> [yes]
Show highlight bar for AGGRESSIVE Filtered Entry? ---> [yes]
Check below to Turn all Bars Gray ---> [yes]
Check box to Turn Bars gray? ---> [no]
Long-term look back current bar has to close Below... ---> 40
Medium-term look back current bar has to close below... ---> 14
Entry price action strength --close... ---> 3
--------Turn On/Off Alerts below... ---> [no]
---To activate alerts you HAVE To Check... ---> [no]
---You can un Check the box BELOW... ---> [no]
Show Williams Vix Fix Histogram... ---> [yes]
Show Alert WVF = True? ---> [no]
Show Alert WVF wa true now False? ---> [no]
Show Alert WVF Filtered? ---> [no]
Show Alert WVF AGGRESSIVE Filter? ---> [no]
ADX Smoothing ---> 17
DI Length ---> 17
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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