ExecutorCCI
- Indicators
- Ren Xiang Wang
- Version: 0.85
- Updated: 17 March 2025
Based on the CCI Trend-Following Principle, Improved to Identify Trend Reversals
This indicator is designed to confirm trends after identifying them using the ( Executor Trend Indicator ) indicator, making it a tool for both trend confirmation and reversal detection.
Features
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Green and Red Histogram: Represents the development of bullish (green) or bearish (red) trends in the current timeframe.
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Blue Line and Green Histogram (Bullish Confirmation):
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When the blue line rises above +100 and the green histogram crosses above the zero line, it confirms a bullish trend.
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Blue Line and Red Histogram (Bearish Confirmation):
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When the blue line falls below -100 and the red histogram crosses below the zero line, it confirms a bearish trend.
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Right-Side Panel: Provides real-time numerical updates, indicating whether the current trend is rising or falling, and highlights potential entry zones.
Usage
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For Trend Traders: Recommended for use on the 1-hour (1H) timeframe.
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For Scalpers or Range Traders: Recommended for use on the 1-minute (1M) or 5-minute (5M) timeframes.
Combined Use
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Use in conjunction with the ( Executor Trend Indicator ) indicator to confirm trend reversals.
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During a bullish trend identified by ( Executor Trend Indicator ) , confirm if the ExecutorCCI green histogram crosses above the zero line.
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During a bearish trend identified by ( Executor Trend Indicator ) , confirm if the ExecutorCCI red histogram crosses below the zero line.
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This improved CCI-based indicator provides a clear visual representation of trend developments and reversals, making it a valuable tool for both trend-following and reversal trading strategies.
Can you help add push notifications to phone when it is +100 and - 100 That way it will make sense