CCI Moonhopping [Draft v1]
CCI-based Moonhopping Script
When can this indicator be used?
1. There must be a 1D CCI upward trend
2. There must be a 1D downward trend (divergence)
3. There must be a 4H CCI upward trend
4. There must be a 4H downward trend (divergence)
5. The indcators are only valid for the duration of a 4H CCI upwards trend.
What do I want this Script to do?
1. Provide a Start Signal on a 4H chart (Orange)
2. Provide Accumulation Signals on a 4H chart (Blue)
3. Provide a potential Moon Signal on a 4H chart (Lime)
4. Provide a potential Sell Signal on a 2H/4H chart (Red)
N.B.
Sharper 4H Trends reduce potential of the uptrend being swept sideways (resulting in a slower ROI).
When can this indicator be used?
1. There must be a 1D CCI upward trend
2. There must be a 1D downward trend (divergence)
3. There must be a 4H CCI upward trend
4. There must be a 4H downward trend (divergence)
5. The indcators are only valid for the duration of a 4H CCI upwards trend.
What do I want this Script to do?
1. Provide a Start Signal on a 4H chart (Orange)
2. Provide Accumulation Signals on a 4H chart (Blue)
3. Provide a potential Moon Signal on a 4H chart (Lime)
4. Provide a potential Sell Signal on a 2H/4H chart (Red)
N.B.
Sharper 4H Trends reduce potential of the uptrend being swept sideways (resulting in a slower ROI).