The Momentum Setup is a multi-indicator visual tool designed for trend and momentum analysis directly on the price chart. It combines Relative Strength Index (RSI), Money Flow Index (MFI), Commodity Channel Index (CCI), Supertrend, and a 250-bar percentage cha
Indicator · Pine Script v5 · On the chart
[CBB] 2023 System
This overlay indicator calculates the Commodity Channel Index from a selected source and detects crossings above an upper threshold and below a lower threshold, storing the high, low, and midpoint of those bars.
GitHub stars2on the repository
Pine versionv5runs as is
Lines of code85
Settings13inputs
LicenceNone stated
Last update3 years ago11 Apr 2023
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
[CBB] 2023 System also builds two Bollinger Band sets with independent lengths and multipliers. Optional plots and fills show either band on the price chart, and bars can turn yellow when the first band sits inside the second. Visibility inputs control the bands and squeeze color. No entries, exits, or stops are defined.
- CCI extreme crossover detection
- Dual Bollinger Band overlays
- Optional squeeze bar coloring
- Band visibility toggles
- Custom source and bull or bear colors
Details
Published by
codybbrown on GitHub
Type
Draws
On the price chart
Category
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Topics
momentum-trading-strategypinescripttrading-strategiestradingviewvolatility-tradingtrading-indcators
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Source | source | close | inp_src |
| Bull | color | inp_col_up | bullColorInput |
| Bear | color | inp_col_dn | bearColorInput |
| Show BB 1 | bool | false | inp_vis_bb1 |
| Show BB 2 | bool | false | inp_vis_bb2 |
| Show Squeeze Color | bool | false | inp_vis_sqz |
| CCI Length | int | 20 | inp_len_cci |
| CCI xUP | int | 250 | inp_len_xup_cci |
| CCI xDN | int | -250 | inp_len_xdn_cci |
| BB1 Length | int | 20 | inp_len_bb1 |
| BB2 Length | int | 50 | inp_len_bb2 |
| BB1 Mult | float | 3.5 | inp_mult_bb1 |
Show all 13 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| BB2 Mult | float | 2.5 | inp_mult_bb2 |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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