PROTECTED SOURCE SCRIPT
CCI Oscillator by Edwin K
What You’re Seeing
Green line (CCI) = fast line → reacts quickly to price momentum.
Blue line (SMA8) = slow line → smooths out the CCI, like a trend guide.
The two lines oscillate around each other**, just like the **Stochastic %K and %D**.
Trading Signals
Buy (Long) Signal
When the green CCI crosses ABOVE the blue SMA line.
Confirms that momentum is shifting bullish.
Look for:
The cross happening below 0 (oversold zone) = stronger buy.
Candle confirmation on the main chart (e.g., bullish candle or support area).
Enter a long trade or scale into buys.
Sell (Short) Signa
When the green CCI crosses BELOW the blue SMA8 line.
Confirms that momentum is turning bearish.
Stronger if it happens above 0 (overbought zone).
Enter a **short** trade or take profits on longs.
Optional Filters
You can improve accuracy by:
Trading in the direction of a higher-timeframe trend (e.g., only take buy crosses when price is above the 50 EMA).
Ignoring whipsaws when both lines are flat near 0— that means low momentum.
Green line (CCI) = fast line → reacts quickly to price momentum.
Blue line (SMA8) = slow line → smooths out the CCI, like a trend guide.
The two lines oscillate around each other**, just like the **Stochastic %K and %D**.
Trading Signals
Buy (Long) Signal
When the green CCI crosses ABOVE the blue SMA line.
Confirms that momentum is shifting bullish.
Look for:
The cross happening below 0 (oversold zone) = stronger buy.
Candle confirmation on the main chart (e.g., bullish candle or support area).
Enter a long trade or scale into buys.
Sell (Short) Signa
When the green CCI crosses BELOW the blue SMA8 line.
Confirms that momentum is turning bearish.
Stronger if it happens above 0 (overbought zone).
Enter a **short** trade or take profits on longs.
Optional Filters
You can improve accuracy by:
Trading in the direction of a higher-timeframe trend (e.g., only take buy crosses when price is above the 50 EMA).
Ignoring whipsaws when both lines are flat near 0— that means low momentum.
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. However, you can use it freely and without any limitations – learn more here.
Pernyataan Penyangkalan
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. However, you can use it freely and without any limitations – learn more here.
Pernyataan Penyangkalan
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.