Category Oscilators  Published on 16/12/2021

Advance CCI Indicator

Description

CCI Indicator in Histogram form with color coded once the there is enough MOMENTUM on the previous move, a very good trade entry confirmation.


using System;
using cAlgo.API;
using cAlgo.API.Indicators;

namespace cAlgo.Indicators
{
    [Indicator(IsOverlay = false, AccessRights = AccessRights.None)]
    [Levels(100, -100)]

    public class CCI : Indicator
    {
        private CommodityChannelIndex cci;

        private double g_icci_140;
        private double g_icci_148;


        [Parameter("CCI Period", DefaultValue = 50)]
        public int CciPeriod { get; set; }

        [Parameter("Momentum", DefaultValue = 40)]
        public int Momentum { get; set; }

        [Output("Gray", LineColor = "Gray", IsHistogram = true, Thickness = 1)]
        public IndicatorDataSeries g_ibuf_164 { get; set; }

        [Output("Blue", LineColor = "Blue", IsHistogram = true, Thickness = 4)]
        public IndicatorDataSeries g_ibuf_168 { get; set; }

        [Output("Red", LineColor = "Red", IsHistogram = true, Thickness = 4)]
        public IndicatorDataSeries g_ibuf_176 { get; set; }

        protected override void Initialize()
        {
            cci = Indicators.CommodityChannelIndex(CciPeriod);
        }

        public override void Calculate(int index)
        {
            g_icci_140 = cci.Result[index];
            g_icci_148 = cci.Result[index - 1];

            g_ibuf_164[index] = 0;
            g_ibuf_168[index] = 0;
            g_ibuf_176[index] = 0;

            if ((g_icci_140 - g_icci_148) < (-Momentum))
                g_ibuf_176[index] = g_icci_140;
            else if ((g_icci_140 - g_icci_148) > (Momentum))
                g_ibuf_168[index] = g_icci_140;
            else
                g_ibuf_164[index] = g_icci_140;
        }
    }
}


TR
traderfxmaster007

Joined on 09.07.2019

  • Distribution: Free
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: CCI Histogram.algo
  • Rating: 0
  • Installs: 1712
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