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CCI Exit

This is a great indicator to find an exit point.

We never know when the market is going to change its trend.

Many indicators give you a good entry point, but not good to use opposite signal as an exit point, because the signal always comes too late.

This indicator will protect your profit as soon as possible when a signal to exit is found!

Don't use this signal to enter, it may not be good for making an entry.

The signal doesn't repaint, wait until a bar closes to make sure it is confirmed.

Indicator parameters:

  • CountBars = 500How many bars you want to be shown on the chart
  • Exit_Periods = 7 — Select Signal Periods.
  • ArrowCode_ExitLong  = 1Code for arrow exit; Long: 1 - Cross; 226 - Arrow Down; 159 - Cycle
  • ArrowCode_ExitShort = 1 — Code for arrow exit; Short: 1 - Cross; 225 - Arrow Up; 159 - Cycle
  • Exit_Price = PRICE_CLOSE — Select Price type
  • Exit_OBS_Level = 130 Overbought/Oversold Level
  • Alert_Settings = "+++++++++++++++++++++++";
  • BarClosed_Alert = false:
    • Set true — send alert on Close;
    • If false: use Alert_Minute_Before_Close to define when an alert will be sent
  • Alert_Minute_Before_Close = 5Alert_Minute_Before_Close = 5; Send alert 5 minutes before the bar closing.
  • SendMailMode = trueSend to email
  • SendNotificationMode = truePush notification to your phone
  • AlertMode = trueOpen Alert pop up
worldofhunger
231
2015.06.08 19:22 
 

Very good indicator, thanks. :)