This CCI indicator is blackcat customized version with enhanced features.
Function
This CCI use green line to indicate strong long trend with cci values > 0 and red line to indicate weak long trend with cci values <0. It also use yellow and fuchsia candles to present the strong and weak long trend. A green candle is used to indicate long entry, while a red candle is usded to indicate long flatten signal.
Key Signal
green line --> strong long trend red line --> weak long trend blue line --> trend strength indicator SELL label --> flatten long or short entry BUY label --> long entry TOPDIV label --> top divergence indicator BOTDIV label --> bottom divergence indicator
Remarks
Feedbacks are appreciated.
Readme
In real life, I am a prolific inventor. I have successfully applied for more than 60 international and regional patents in the past 12 years. But in the past two years or so, I have tried to transfer my creativity to the development of trading strategies. Tradingview is the ideal platform for me. I am selecting and contributing some of the hundreds of scripts to publish in Tradingview community. Welcome everyone to interact with me to discuss these interesting pine scripts.
The scripts posted are categorized into 5 levels according to my efforts or manhours put into these works.
Level 1 : interesting script snippets or distinctive improvement from classic indicators or strategy. Level 1 scripts can usually appear in more complex indicators as a function module or element.
Level 2 : composite indicator/strategy. By selecting or combining several independent or dependent functions or sub indicators in proper way, the composite script exhibits a resonance phenomenon which can filter out noise or fake trading signal to enhance trading confidence level.
Level 3 : comprehensive indicator/strategy. They are simple trading systems based on my strategies. They are commonly containing several or all of entry signal, close signal, stop loss, take profit, re-entry, risk management, and position sizing techniques. Even some interesting fundamental and mass psychological aspects are incorporated.
Level 4 : script snippets or functions that do not disclose source code. Interesting element that can reveal market laws and work as raw material for indicators and strategies. If you find Level 1~2 scripts are helpful, Level 4 is a private version that took me far more efforts to develop.
Level 5 : indicator/strategy that do not disclose source code. private version of Level 3 script with my accumulated script processing skills or a large number of custom functions. I had a private function library built in past two years. Level 5 scripts use many of them to achieve private trading strategy.
Oh my God! Blackcat1402! Are you even human bro? There's so many of your indicators I use and they are always super and out of this world!! Thank you bro. Some day, I will be able to say thank you the proper way.
@blackcat1402, Been working with this awesome indicator, however, lately, not sure if TV did some updates, but I no longer can see/find the candle boarder in settings. It just disappeared. I'd like to be able to edit candle boarder transparencies. This used to be possible until when I tried it again a few days ago and found its no longer an option. Could you know what might be the issue here?
@blackcat1402, Thank you very much for taking the time to respond! The indicator chart display is alright. The only challenge am getting is in the indicator settings.
Before, I used to see something like, PlotCandle ==> Color 0 ===> Then I would have Border ===> Color 0. But right now, there's only the option of PlotCandle and its Color. I no longer have the option to either change or disable the border color. That nolonger shows. Thats my issue. But its a minor issue really. Its no big deal. Thanks again!
ERICCHAN19
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GOOD JOB BRO AND NICE INDICATOR. MAY I ASK IS THAT THIS INDICATOR SUITABLE FOR BOTH CRYPTO AND SHARE MARKET ?
This indicator perfectly shows the place of sale of the asset. I would start selling when the red line crossed the blue line. This is the most accurate signal, and most importantly it is the fastest signal of all that I have seen on different scripts. Thank you, Blackсat. Now you need the same buy signal)))
blackcat1402
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@breata, you have good sense of using this! cci is fast and may be suitable for the futures.