CCI-Trend
CCI-Trend is a trend trailing strategy based on sign alternation of the current CCI value.
The upper and lower bands are defined by hl2 (or (high+low)/2) +/- ATR*factor of ATR. The main TrendLine is combination of conditions of CCI-above-zero and CCI-below-zero.
Long/Short alerts are available, select “Long Condition”&“LONG Alert” as long alert and “Short Condition”&“SHORT Alert” as short alert.
The main CCI-Trend code is adapted from www.wisestocktrader....gb-for-amibroker-afl just as the TrendLine calculation, and a special thanks to @AlgoRoboTrader (on twitter) for being aware of this code.
At the moment CCI-Trend indicator is free to use, and the code is hidden.
HikmetSezen @HikmetSezen58 on twitter.
The upper and lower bands are defined by hl2 (or (high+low)/2) +/- ATR*factor of ATR. The main TrendLine is combination of conditions of CCI-above-zero and CCI-below-zero.
Long/Short alerts are available, select “Long Condition”&“LONG Alert” as long alert and “Short Condition”&“SHORT Alert” as short alert.
The main CCI-Trend code is adapted from www.wisestocktrader....gb-for-amibroker-afl just as the TrendLine calculation, and a special thanks to @AlgoRoboTrader (on twitter) for being aware of this code.
At the moment CCI-Trend indicator is free to use, and the code is hidden.
HikmetSezen @HikmetSezen58 on twitter.