CCI pivot zones (EasyLanguage) - futures io
futures io



CCI pivot zones (EasyLanguage)


Discussion in EasyLanguage Programming

Updated
      Top Posters
    1. looks_one trs3042 with 5 posts (0 thanks)
    2. looks_two WayneA with 2 posts (21 thanks)
    3. looks_3 bomberone1 with 2 posts (0 thanks)
    4. looks_4 Jeff Castille with 1 posts (0 thanks)
      Best Posters
    1. looks_one Big Mike with 26 thanks per post
    2. looks_two WayneA with 10.5 thanks per post
    3. looks_3 vegasfoster with 6 thanks per post
    4. looks_4 trendisyourfriend with 1 thanks per post
    1. trending_up 14,091 views
    2. thumb_up 55 thanks given
    3. group 15 followers
    1. forum 17 posts
    2. attach_file 5 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

CCI pivot zones (EasyLanguage)

(login for full post details)
  #1 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
Big Mike's Avatar
 
Posts: 50,121 since Jun 2009
Thanks: 32,594 given, 98,700 received

Here is another EasyLanguage indicator I wrote. The premise behind this indicator is to capture the overbought and oversold conditions of CCI, and then draw trend lines on the chart representative of the turning points.

It is designed for Range or Renko charts only.

Here are a few example screen shots:







The lines are drawn in realtime and do not change. They are drawn as soon as a bar closes where the CCI has pivoted to/from an overbought/oversold area, so you get instant feedback.

The idea is the top (resistance / blue) represents the top of the normal trading range. Price will normally bounce off this resistance area and move lower. The bottom (support / red) represents the bottom of the normal trading range. Price will normally bounce off this support area and move higher.

When price does break through either S/R area, it tends to make new highs and lows (ie: breakout).

Attached is the MultiCharts .pla file to import.

Below is the EasyLanguage code for the indicator:

 
Code
                            
// indicator

// March 25 2010
// Big Mike:  https://futures.io


inputs:
    
ccilength 14 ),
    
turningpoint 100 ),
    
strength );
    
vars:
    
cciv     ),
    
up    ),
    
down    );
    
cciv CCI(ccilength);

if 
cciv crosses below turningpoint and L then up Highest(Highstrength);
if 
cciv crosses above -turningpoint and H then down Lowest(Lowstrength);

Plot1(up,"Up");
Plot2(down,"Down"); 
Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/

Visit other sites? Please spread the word about your experience with our community!
Attached Files
Register to download File Type: pla BMT CCI Pivots Zone.pla (2.5 KB, 234 views)
Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote

Can you help answer these questions
from other members on futures io?
AUSuperTrend in the NT strategy builder
NinjaTrader
EMA as a trailing stop
Traders Hideout
Talk is cheap - Trader motivation
Psychology and Money Management
you cant wait for life is not hard anymore before you de …
Psychology and Money Management
Looking for VisEMA indicator for NT7
NinjaTrader
 
 
(login for full post details)
  #3 (permalink)
 WayneA 
Seattle, WA
 
Experience: Beginner
Platform: NinjaTrader
Trading: Ones that move
 
WayneA's Avatar
 
Posts: 61 since Aug 2009
Thanks: 52 given, 58 received


simple representation of a powerful idea (especially on range bars). thanks mike.

Reply With Quote
 
(login for full post details)
  #4 (permalink)
 trs3042 
Holland, Michigan
 
Experience: None
Platform: ninjatrader
Broker: CQG
Trading: Acoustic Guitar
 
trs3042's Avatar
 
Posts: 1,617 since Jun 2009
Thanks: 23,764 given, 5,615 received

Hi Mike,

Is this available for NT 6.5???

Reply With Quote
 
(login for full post details)
  #5 (permalink)
 WayneA 
Seattle, WA
 
Experience: Beginner
Platform: NinjaTrader
Trading: Ones that move
 
WayneA's Avatar
 
Posts: 61 since Aug 2009
Thanks: 52 given, 58 received


trs3042 View Post
Is this available for NT 6.5???

I did this in NT7. I'm pretty sure it will work in NT6.5. Let me know if it doesn't.

Best,

wadams.

Attached Files
Register to download File Type: zip CCIPivot.zip (5.7 KB, 446 views)
Reply With Quote
 
(login for full post details)
  #6 (permalink)
 trs3042 
Holland, Michigan
 
Experience: None
Platform: ninjatrader
Broker: CQG
Trading: Acoustic Guitar
 
trs3042's Avatar
 
Posts: 1,617 since Jun 2009
Thanks: 23,764 given, 5,615 received

This doesn't seem to work on NT 6.5 Is this available somewhere else on the forum for NT 6.5? Thanking everyone in advance for steering me in the right direction.

Reply With Quote
 
(login for full post details)
  #7 (permalink)
 vegasfoster 
las vegas
 
Experience: Intermediate
Platform: Sierra Chart
Broker: Velocity/IB
Trading: 6E
 
Posts: 1,147 since Feb 2010
Thanks: 304 given, 839 received


trs3042 View Post
This doesn't seem to work on NT 6.5 Is this available somewhere else on the forum for NT 6.5? Thanking everyone in advance for steering me in the right direction.

Didn't test it so let me know if it has any problems.

Attached Files
Register to download File Type: zip CCIPIVOT_65.zip (5.3 KB, 89 views)
Reply With Quote
The following 6 users say Thank You to vegasfoster for this post:
 
(login for full post details)
  #8 (permalink)
 trs3042 
Holland, Michigan
 
Experience: None
Platform: ninjatrader
Broker: CQG
Trading: Acoustic Guitar
 
trs3042's Avatar
 
Posts: 1,617 since Jun 2009
Thanks: 23,764 given, 5,615 received

Seems to work just fine. Thanks vegafoster!!!

Cheers

Reply With Quote
 
(login for full post details)
  #9 (permalink)
 trs3042 
Holland, Michigan
 
Experience: None
Platform: ninjatrader
Broker: CQG
Trading: Acoustic Guitar
 
trs3042's Avatar
 
Posts: 1,617 since Jun 2009
Thanks: 23,764 given, 5,615 received


Big Mike View Post
Here is another EasyLanguage indicator I wrote. The premise behind this indicator is to capture the overbought and oversold conditions of CCI, and then draw trend lines on the chart representative of the turning points.

It is designed for Range or Renko charts only.

Here are a few example screen shots:







The lines are drawn in realtime and do not change. They are drawn as soon as a bar closes where the CCI has pivoted to/from an overbought/oversold area, so you get instant feedback.

The idea is the top (resistance / blue) represents the top of the normal trading range. Price will normally bounce off this resistance area and move lower. The bottom (support / red) represents the bottom of the normal trading range. Price will normally bounce off this support area and move higher.

When price does break through either S/R area, it tends to make new highs and lows (ie: breakout).

Attached is the MultiCharts .pla file to import.

Below is the EasyLanguage code for the indicator:

 
Code
                            
// indicator
 
// March 25 2010
// Big Mike:  https://futures.io
 
 
inputs:
    
ccilength 14 ),
    
turningpoint 100 ),
    
strength );
 
vars:
    
cciv     ),
    
up    ),
    
down    );
 
cciv CCI(ccilength);
 
if 
cciv crosses below turningpoint and L then up Highest(Highstrength);
if 
cciv crosses above -turningpoint and H then down Lowest(Lowstrength);
 
Plot1(up,"Up");
Plot2(down,"Down"); 
Mike

Hello Mike,

I trade CL, GC, 6E and TF. I use a MedianRenko 6 tick chart for each. My question is.......what would you suggest I set the parameters on the CCI pivot indicator for each one respectively???

Thanking you in advance,

Rick

Reply With Quote
 
(login for full post details)
  #10 (permalink)
 trendisyourfriend 
Legendary Market Wizard
Quebec
 
Experience: Intermediate
Platform: NinjaTrader wt Rancho Dinero's profiling tools
Broker: AMP/CQG
Trading: ES, NQ, YM
 
trendisyourfriend's Avatar
 
Posts: 4,066 since Oct 2009
Thanks: 3,718 given, 5,260 received


I use 10, 2, 100. It does a good job. You need to remember overbought/sold conditions may occur in succession and produce new lines near each other. I think there is a NT7 version too. Don't remember where i took it.

Reply With Quote
The following user says Thank You to trendisyourfriend for this post:


futures io Trading Community Platforms and Indicators EasyLanguage Programming > CCI pivot zones (EasyLanguage)


Last Updated on January 17, 2017


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing

BloodHound Fundamentals 101 w/Jeremy Tang @ SharkIndicators

Elite only
 

Our 12-year anniversary w/ $$,$$$ prizes (check soon)

June
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts