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
Commodity Channel Index Custom calculates the CCI using a selected source such as HLC3 and a moving average method including SMA EMA or others. Main settings allow adjusting length smoothing length and MA offset. The indicator draws the CCI line with overbought and oversold bands at 100 and -100 plus a smoothing line that fills green or red depending on whether the CCI is above it. This helps identify momentum changes and potential trend reversals across various markets and timeframes.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
length
int
14
length
Source
source
hlc3
src
Method
string
SMA
typeMA
Length
int
1
smoothingLength
CCI MA Offset
int
9
cci_offset
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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