Simple CCI Spotter

™TradeChartist Simple CCI Spotter is an elegant version of the classic CCI indicator and helps spot price trends using visually engaging and appealing CCI plot and background. The Bull and the Bear background fills are highly useful for traders who like to visually understand areas of entry and exit based on CCI .

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What does Simple CCI Spotter do?

• Plots CCI with visually engaging colours for Bull and Bear zones (Green and Red) with optional background fill.

• Plots CCI coloured bars on main chart based on user preferred Upper and Lower CCI bands (Default - 25/-25).

• Plots CCI based on EMA smoothing (1 for Regular CCI without smoothing).

• Plots Heikin Ashi CCI if enabled from indicator settings.

• Plots CCI highs of Bull Zone and RSI lows of Bear Zone. Helps visually spot divergences.

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Note:

Default Settings:

5 period EMA Smoothed CCI .

For Heikin Ashi CCI on normal bars, enable ᴜsᴇ ʜᴇɪᴋɪɴ ᴀsʜɪ ᴄᴄɪ and change EMA CCI sᴍᴏᴏᴛʜɪɴɢ to 1.

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Versionsinformation:

Code updated