MTF Stochastic CCI ALERT
Works good on 5 or 15min set to the 2hr or 4hr time frame.
Set an alarm (Set an alert on each Long/Short "crossing down", 0.8 (or anything below 0.99), "on condition" )
Or just as a visual.
Best to use other factors to confirm but most of the time it does a pretty decent job.
Set an alarm (Set an alert on each Long/Short "crossing down", 0.8 (or anything below 0.99), "on condition" )
Or just as a visual.
Best to use other factors to confirm but most of the time it does a pretty decent job.
study(title="MTF Stochastic CCI ALERT", shorttitle="Stoch CCI ALERT") smoothK = input(3, minval=1) smoothD = input(3, minval=1) lengthRSI = input(14, minval=1) lengthStoch = input(14, minval=1) src = input(close, title="RSI Source") resCustom = input(title="Timeframe", defval="120") rsi1 = cci(src, lengthRSI) k = security(tickerid, resCustom, sma(stoch(rsi1, rsi1, rsi1, lengthStoch), smoothK)) d = security(tickerid, resCustom, sma(k, smoothD)) short = crossunder(k,d) long = crossover(k,d) las = crossover(k,d) or crossunder(k,d) plot(long, "Long", color=white, transp=0, linewidth=2) plot(short, "Short", color=red, transp=0, linewidth=2) plot(las, "Long and Short", transp=100)