CCI MTF Ob+Os
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Hello Traders,
This is a simple Commodity Channel Index ( CCI ) indicator with multi-timeframe (MTF) overbought and oversold level.
It can detect overbought and oversold level up to 5 timeframes, which help traders spot potential reversal point more easily.
There are options to select 1-5 timeframes to detect overbought and oversold.
Green Background is "Oversold" , looking for "Long".
Red Background is "Overbought" , looking for "Short".
Have fun :)
backtest
Source
Pine
/*backtest
start: 2022-04-15 00:00:00
end: 2022-05-14 23:59:00
period: 12h
basePeriod: 15m
exchanges: [{"eid":"Futures_Binance","currency":"BTC_USDT"}]
*/
// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © thakon33
// __ __ __ ____ ____
// / /_/ / ___ _/ /_____ ___ |_ /|_ /Strategy parameters
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