This script analyses the CCI indicator values, showing when a fall in price or a rise in price may happen, or when the CCI is confirming the trend.
The user can personalize:
The user can personalize:
- The period to be used and the range of the CCI bands ( by default)
- The slow SMA period to be used and the price percentage variation to react for bullish/bearish
- Consecutive number of bullish/bearish in order to consider the CCI as a trend confirmation rather than a price reversal