BO - CCI Arrow with Alert base on CCI indicator to get signal for trade Binary Option. Rules of BO - CCI Arrow with Alert below:
A. Setup Menu 1. cciLength: * Default CCI lenght = 14 2. Linear Regression Length: * Periods to calculate Linear Regression of CCI, * Default value = 5 3. Extreme Level: * Default top extreme level = 100 * Default bottom extreme level = -100 4. Filter Length: * Periods to define highest or lowest Linear Regression * Default value = 6
B. Rule Of Alert Bar 1. Put Alert Bar * Current Linear Regression Line created temporrary peak * Peak of Linear Regression Line greater than Top Extreme Level (100) * Previous Linear Regression is highest of Filter Length (6) * Previous Linear Regression is greater than previous peak of Linear Regression Line * Current price greater than previous low * CCI(14) less than Linear Regression Line
2. Call Alert Bar * Current Linear Regression Line created temporrary bottom * Bottom of Linear Regression Line less than Bottom Extreme Level (-100) * Previous Linear Regression is lowest of Filter Length (6) * Previous Linear Regression is less than previous bottom of Linear Regression Line * Current price less than previous lhigh * CCI(14) greater than Linear Regression Line
B. Rule Of Entry Bar and Epiry. 1. Put Entry with expiry 3 bars: * After Put Alert Bar close with signal confirmed, put Arrow appear, and after 3 bars, result label will appear to show win trade, loss trade or draw trade 2. Call Entry with expiry 3 bars: * After Call Alert Bar close with signal confirmed, call Arrow appear, and after 3 bars, result label will appear to show win trade, loss trade or draw trade. 3. While 1 trade is opening no more any signal
C. Popup Alert/Mobile Alert 1. Signal alert: Put Alert or Call Alert will send to mobile or show popup on chart 2. Put Alert: only Put Alert will send to mobile or show popup on chart 3. Call Alert: only Call Alert will send to mobile or show popup on chart
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Update result trade, code from row 86 to row 95
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Add feature "Apply Trend Line Filter" to setup menu. By default this feature is disable. If this feature is active, rule of signal as below: * Only Call Alert appear while current price moving above trend line * Only Put Alert appear while current price moving below trend line
=== Setup Menu of Apply Trend Line Filter === 1. Trend Line Period: * Lenght of bars to calculate Trend line. * Default value = 100 2. Source: * Source to calculate Trend line. * Default value = close 3. Trend Line's Type: * Type of Moving Average to calculate Trend line. * Default value = Gaussian Filter script by Alex Orekhov (everget) * This feature has 9 types of Moving Average to calculate Trend line: "Gaussian Filter","SMA","EMA","TEMA","WMA","VWMA","DONCHIAN","HULL MA","ALMA"
I think I must be using this wrong, I have not had any winnings with either my put or call trades from this indicator. What's the best way to use it to actually win trades?
inno14
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@Mister_Sparkle, One example:
* Chart EJ IDC M5
* Indicator default setup: CCI Len: 14, Linear Reg len: 5, Extreme level: 5, Filter len: 6, Not apply trend line filter
* Time when last alert was sent: 03-07-2020 20:50:00 UTC
* Current price when the signal was sent (price at bar 20:45:00 UTC closed): 120.875
* Direction: Put
* Price to aim or "Strike price" (price at bar 20:50:00 UTC open): 120.852
* Expiry time: 21:05:00 UTC
* Expiry price: 120.836
* Signal status: Win
* High price: 120.895
* High price Time: 20:57:00 UTC
* Low price: 120.741
* Low price Time: 20:52:00 UTC
* Best price: 120.895
* Best price Time: 20:57:00 UTC
* Status if you trade from best price: Win
* Status if you trade from "Strike price": Win