OPEN-SOURCE SCRIPT
MTF CCI using EMAs
This is a CCI script adapted from 'CCI w EMA by Rick3712' which removes the EMA of the CCI and adds different sized CCI results to the same plot. An info box is also added for easy reference of current values.
CCI is a useful way to see the price's relation to moving averages in a different way, and being able to see the trend strength over time using the larger CCI allows a trader to make better informed decisions when reaching oversold or overbought conditions in relation to the shorter EMAs, such as the 20. You can also see patterns in a trend's strength easier by comparing the movements and levels to find likely areas of a pullback or buying opportunity.
In the example you can see a common level in ETH's parabolic movement on the 4h 750 EMA and 200 EMA that indicates a likely correction area.
CCI is a useful way to see the price's relation to moving averages in a different way, and being able to see the trend strength over time using the larger CCI allows a trader to make better informed decisions when reaching oversold or overbought conditions in relation to the shorter EMAs, such as the 20. You can also see patterns in a trend's strength easier by comparing the movements and levels to find likely areas of a pullback or buying opportunity.
In the example you can see a common level in ETH's parabolic movement on the 4h 750 EMA and 200 EMA that indicates a likely correction area.
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開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。