CCI Arrows

Category: momentum

Generates buy/sell arrows on the main chart when the Commodity Channel Index (CCI) crosses above or below the zero midline level.

Formula

CCI = \frac{Price - SMA(Price)}{0.015 \times MeanDeviation} \\ Long Signal: CCI_{current} > 0 \text{ AND } CCI_{previous} < 0 \\ Short Signal: CCI_{current} < 0 \text{ AND } CCI_{previous} > 0

Inputs

• CCI_Period (default: 14)
• EnableNativeAlerts (default: false)
• TriggerCandle (default: Previous)

See signal primitives and every published strategy that uses CCI Arrows on WOBR StrategyVerse.