OPEN-SOURCE SCRIPT

DB CCI Breakout MTF

DB CCI Breakout MTF

What does the indicator do?

The indicator will display crypto breakout and fallouts based on 4 timeframe CCI values. By default the current chart timeframe is used and the user may chose 3 other timeframes in the settings. Additionally, the symbol may be configured in the indicator settings. Default is Coinbase:ETHUSD.

The indicator will monitor the CCI levels on 4 timeframes and will alert to any CCI activity over 100 or under -100 which would indicate a breakout or fallout is present.

A green diamond is displayed when a breakout is detected on one or more of the timeframes for the selected symbol.

How should this indicator be used?

The indicator is a secondary alert system for the presence of breakouts or fallout conditions as under those scenarios position exit or entry strategies may be different.

Does the indicator include any alerts?

Not in this version. But I could add some if desired.

Use at your own risk and do your own diligence.

Enjoy!
Commodity Channel Index (CCI)Trend Analysis

Script de código abierto

Siguiendo fielmente el espíritu de TradingView, el autor de este script lo ha publicado en código abierto, permitiendo que otros traders puedan entenderlo y verificarlo. ¡Olé por el autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la reutilización de este código en la publicación se rige por las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.

¿Quiere utilizar este script en un gráfico?

Exención de responsabilidad