This simple script is a modification of the built-in CCI that adds a second CCI indicator of independent length. It also provides a Zero line for reference in addition to the built-in Upper/Lower Band.
Versionsinformation:
//Using two CCI indicators with independent lengths instead of just one provides de-noising functionality similarly to MACD.
//When both CCIs cross the Zero line, it can serve as confirmation of position entry/exit.
//When both CCIs cross the Zero line, it can serve as confirmation of position entry/exit.
Versionsinformation:
Added MACD-like histogram for the delta between the two CCIs.