CCI Divergence Indicator

[moneyseemoneydue]

Here is the CCI (Commodity Channel Index) watchlist column for ThinkorSwim.

• Green = CCI crosses above the oversold level
• Red = CCI crosses below the overbought level
• Blue = CCI crosses the Zero line

thinkScript Code

#
# TD Ameritrade IP Company, Inc. (c) 2017-2020
#

declare lower;

input length = 14;
input over_sold = -100;
input over_bought = 100;
input showBreakoutSignals = no;

def price = close + low + high;
def linDev = lindev(price, length);
plot CCI = if linDev == 0 then 0 else (price - Average(price, length)) / linDev / 0.015;
def ZeroLine = 0;

def condition1 = CCI crosses above over_sold;
def condition2 = CCI crosses below over_bought;
def condition3 = CCI crosses Zeroline;

AssignBackgroundColor(if condition1 then color.dark_green else if condition2 then color.dark_red else if condition3 then color.blue else color.gray);

Here is the CCI (Commodity Channel Index) watchlist column for ThinkorSwim.

• Green = CCI crosses above the oversold level
• Red = CCI crosses below the overbought level
• Blue = CCI crosses the Zero line

thinkScript Code

#
# TD Ameritrade IP Company, Inc. (c) 2017-2020
#

declare lower;

input length = 14;
input over_sold = -100;
input over_bought = 100;
input showBreakoutSignals = no;

def price = close + low + high;
def linDev = lindev(price, length);
plot CCI = if linDev == 0 then 0 else (price - Average(price, length)) / linDev / 0.015;
def ZeroLine = 0;

def condition1 = CCI crosses above over_sold;
def condition2 = CCI crosses below over_bought;
def condition3 = CCI crosses Zeroline;

AssignBackgroundColor(if condition1 then color.dark_green else if condition2 then color.dark_red else if condition3 then color.blue else color.gray);

Hey Ben, huge fan! I've found rsi divergence indicators on here but no cci divergence indicators, can you help?

 

[MerryDay]

@moneyseemoneydue You didn't say what you want to do. A scan, a watch list?
I googled it for you. And here are some of the results:
https://www.hahn-tech.com/ans/cci-divergence-scan-in-tos/
https://readtheprospectus.wordpress.com/2009/05/21/cci-divergence-indicator-for-think-or-swim/