OPEN-SOURCE SCRIPT
Coloured CCI Histogram V2.0 by JustUncleL
Updated
This is a requested update of this script. This is a standard CCI indicator that shows a coloured histogram of important CCI levels, giving a good visual of the CCI levels. Added to this version is an extra coloured level +/-200 and an option to calculate CCI with EMA instead of the standard SMA.
CCI LEVELS:
If you would like different colour arrangement just change them in the "Style" settings of the indicator.
CCI LEVELS:
- Light Green - Greater than 0 and less than 100.
- Green - Greater than 100 and less than 200.
- Aqua - Greater than 200.
- Light Red - Less than 0 and greater than -100.
- Red - Less than -100 and greater than -200.
- Magenta - Less than -200.
If you would like different colour arrangement just change them in the "Style" settings of the indicator.
Release Notes
New version adds:- Main chart bar colouring matching CCI levels.
- Option to use Traditional CCI calculations.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
JustUncleL
Disclaimer
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