CCI Watchlist Column for ThinkorSwim

[BenTen]

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);

 

[hoojsn]

Thanks, Ben. Actually I am waiting for it for quite a while. How do you make the colour in CCI column?

 

[BenTen]

@hoojsn What do you mean? Are you asking about the code that specifies the color background?

Here it is:

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

 

[Pelonsax]

This is awesome bro! I used to use CCI religiously and this would've been great to have back then

 

[hoojsn]

Thanks Ben.

 

[Stockleed]

@BenTen

Thank you for the code. Am I by chance doing something wrong I cannot get the background colors to show up for each condition using the code you provided above.

Any help would be greatly appreciated

 

[Pensar]

@BenTen

Thank you for the code. Am I by chance doing something wrong I cannot get the background colors to show up for each condition using the code you provided above.

Any help would be greatly appreciated

@Stockleed Re-copy and paste the code. I believe you missed the last line which has the colors.

 

[Stockleed]

Thanks for your reply @Pensar here is the code I have entered


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);



Am I missing something?

 

[rad14733]

@Stockleed crosses is somewhat subjective and short-lived so you would be better off using greater than and less than instead...

 

[Pensar]

Thanks for your reply @Pensar here is the code I have entered


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);



Am I missing something?

@Stockleed As long as its the same code as in the 1st post of this thread, it should work. I loaded it into a watchlist column and the colors display without any issue.

 

[Stockleed]

@Stockleed As long as its the same code as in the 1st post of this thread, it should work. I loaded it into a watchlist column and the colors display without any issue.

Hmm that's odds. Any chance you would be willing to share the link for your watchlist with me?

 

[Stockleed]

@Stockleed crosses is somewhat subjective and short-lived so you would be better off using greater than and less than instead...

I am not very good at writing the thinkorswim code yet, how would you write the code for this?

 

[MerryDay]

@Stockleed
Here is the share link: http://tos.mx/AeMXnRC

Try loading a public watchlist such as Market Movers and you will see that the script does work.

 

[Stockleed]

@Stockleed
Here is the share link: http://tos.mx/AeMXnRC

Try loading a public watchlist such as Market Movers and you will see that the script does work.

THANK YOU SO MUCH!!