This script analyses the CCI indicator values, showing when a fall in price or a rise in price may happen, or when the CCI is confirming the trend.
The user can personalize:
The period to be used and the range of the CCI bands ( by default)
The slow SMA period to be used and the price percentage variation to react for bullish/bearish
This is a simple strategy based on multiple MA's
it BUY's when the MA is rising
it SELL's when the MA is falling
ALMA - Arnaud Legoux Moving Average
DEMA - Double Exponential Moving Average
EMA - Exponential Moving Average
HullMA - Hull Moving Average
LSMA - Least Squares Moving Average
SMA - Simple Moving Average
SMMA - Smoothed Moving...
HOW TO USE
1. When the green "Rise Coming" text appears, a price jump is on the way, consider taking long possitions.
Pro Tip: This indicator Never Repaints!
If you receive more than one 'Rise Coming' text signal in a downtrend, it means momentum is building larger for a bull run. We have coded in the ability for you to change the...