Buy:
CCI changes directoion from pointing bottom to top
CCI is below 20 line
fast EMA is above slow EMA
Sell:
CCI changes to bottom
CCI above 80
fast EMA is below slow EMA
This indicator can be useful for analyzing trends and for effective entry and exit points.
The buy entry point is above 0 and the blue line. The buy exit point is below the blue line.
The sell entry point is below 0 and the blue line. The sell exit point is above the blue line.
Don't need any settings. Custom alerts are available.
Arbitrage pulse is used to see the big picture.
The Bright Blue Line can not leave our Year Band (Dark Grey Band)
Whenever our money line (Lime green line) crosses that bright blue line good or bad things happen.
Typically our Major line( Orange Line) supports our money line but when it breaks support look out below!
Arbitrage MACD/CCI
It's always important to know where to expect floors and ceilings in a trade.
If you're already using Arbitrage Bands, this is a great tool to help you see who is winning the fight when those pesky candles turn white and the stock is trading sideways.
If the navy line is on top a down trend is winning the fight!
If the orange line is on...
Detrended Synthetic Price is a function that is in phase with the
dominant cycle of real price data. This DSP is computed by subtracting
a half-cycle exponential moving average (EMA) from the quarter cycle
exponential moving average.
See "MESA and Trading Market Cycles" by John Ehlers pages 64 - 70.
This is a requested update of this script. This is a standard CCI indicator that shows a coloured histogram of important CCI levels, giving a good visual of the CCI levels. Added to this version is an extra coloured level +/-200 and an option to calculate CCI with EMA instead of the standard SMA.
CCI LEVELS:
Light Green - Greater than 0 and less than 100.
...
The Up/Down Range breaks the price range into an upward and a downward moving component, so we can easily turn it into a momentum oscillator. This script does just that.
You can find the Up/Down Range (UDR) indicator here:
Measuring the difference between the highs and lows from the average, this measure can serve as a proxy for the volatility, just like the ATR.
However, it breaks the range into an upward and a downward moving component, so it also gives information about the current trend direction.
In fact, I turned it into a momentum indicator here:
