CB: CCI & MFI Indicator
https://backtest-rookies.com/professional-services/
- Strategy logic added to the indicator to allow automation through alerts
- Go Long, Go Short and Close position alerts added
- Tracking of when the indicator is in an imaginary position so that further long / short signals are not generated.
- Tracking of an imaginary stop loss to trigger a close alert and reset the position to 0.
- Plotting changed to show position status for testing.
- Seperate EMA settings for MFI
- Added min consecutive down days setting
- Added consecutive checks for CCI entry
- Added TP setting - Simulated TP (Will trigger a close alert for automation)
- Added seperate trade direction control for MFI - So the trade direction can be set independently of CCI
Fixes
- Fix for consecutive days check.
- Fix typos in parameter description strings
Added independent take profit and stop loss inputs for the short side.
Fixed bug with simulating strategy logic in the indicator.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact BacktestRookies directly.
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Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact BacktestRookies directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.