//@version=5
indicator(title="CCI line gradient", precision=2, timeframe="")
var color GOLD_COLOR = #CCCC00
var color VIOLET_COLOR = #AA00FF
var color BEIGE_COLOR = #9C6E1B
float srcInput = input.source(close, title="Source")
int lenInput = input.int(20, "Length", minval = 5)
color bullColorInput = input.color(GOLD_COLOR, "Bull")
color bearColorInput = input.color(BEIGE_COLOR, "Bear")
float signal = ta.cci(srcInput, lenInput)
color signalColor = color.from_gradient(signal, -200, 200, bearColorInput, bullColorInput)
plot(signal, "CCI", signalColor)
bandTopPlotID = hline(100, "Upper Band", color.silver, hline.style_dashed)
bandBotPlotID = hline(-100, "Lower Band", color.silver, hline.style_dashed)
fill(bandTopPlotID, bandBotPlotID, color.new(BEIGE_COLOR, 90), "Background")
Overview
CCI line gradient colors the CCI line with a gradient that shifts from the bear color toward the bull color as the value moves from negative two hundred to positive two hundred. Dashed horizontal lines mark the plus and minus one hundred levels, and a translucent fill sits between those bands. Source, length, and the two gradient colors are the main settings. It does not generate trade signals or exits.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Source
source
close
srcInput
Length
int
20
lenInput
Bull
color
GOLD_COLOR
bullColorInput
Bear
color
BEIGE_COLOR
bearColorInput
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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