CCI Watchlist / Scan / Label / Strategy for ThinkorSwim

[Branch]

So if CCI is rising and Volume % is less than 50 = Bullish
If CCI is dropping and volume % is more than 50 = Bearish

Is that how it is meant to be read? Thanks

Yes that is how it works

 

[chackiejan]

These are two different screeners, first one looks for long entries. Both of conditions must be met for a result, it should not show me if only one condition is met.

Long
CCI 8 5min < -135 provided at the same time CCI 34 30min > +100

and this one looks for short entries

Short
CCI 8 5min > +135 provided at the same time CCI 34 30min < -100

 

[SleepyZ]

These are two different screeners, first one looks for long entries. Both of conditions must be met for a result, it should not show me if only one condition is met.

Long
CCI 8 5min < -135 provided at the same time CCI 34 30min > +100

and this one looks for short entries

Short
CCI 8 5min > +135 provided at the same time CCI 34 30min < -100

See if this helps

#Long
#CCI 8 5min < -135 provided at the same time CCI 34 30min > +100
#and this one looks for short entries
#Short
#CCI 8 5min > +135 provided at the same time CCI 34 30min < -100

script cci_agg {
    input length  = 14;
    input agg = AggregationPeriod.FIVE_MIN;
    def c = close(period = agg);
    def h = high(period = agg);
    def l = low(period = agg);
    def price  = c + l + h;
    def linDev = LinDev(price, length);
    plot CCI    = if linDev == 0
             then 0
             else (price - Average(price, length)) / linDev / 0.015;
}


plot long  = cci_agg(8) < -135 and cci_agg(34, agg = "THIRTY_MIN") > +100;
plot short = cci_agg(8) > +135 and cci_agg(34, agg = "THIRTY_MIN") < -100;

 

[chackiejan]

See if this helps

I'm a little confused, I'd like to screen stocks based on the script and the condition, it is two different screeners the first one for long and the second one for short. For eg - I looked up the inbuilt screener but im still not confident about it. This is for long https://tos.mx/IMYwPKC

 

[halcyonguy]

I'm a little confused, I'd like to screen stocks based on the script and the condition, it is two different screeners the first one for long and the second one for short. For eg - I looked up the inbuilt screener but im still not confident about it. This is for long https://tos.mx/IMYwPKC

what speeyz posted will work,

make 2 copies of sleepyz code
place a # in front of a different plot, in each copy, to disable one of them ( i prefer this over deleting things)

.....
plot long = cci_agg(8) < -135 and cci_agg(34, agg = "THIRTY_MIN") > +100;
#plot short = cci_agg(8) > +135 and cci_agg(34, agg = "THIRTY_MIN") < -100;

#plot long = cci_agg(8) < -135 and cci_agg(34, agg = "THIRTY_MIN") > +100;
plot short = cci_agg(8) > +135 and cci_agg(34, agg = "THIRTY_MIN") < -100;

 

[chackiejan]

what speeyz posted will work,

make 2 copies of sleepyz code
place a # in front of a different plot, in each copy, to disable one of them ( i prefer this over deleting things)

.....
plot long = cci_agg(8) < -135 and cci_agg(34, agg = "THIRTY_MIN") > +100;
#plot short = cci_agg(8) > +135 and cci_agg(34, agg = "THIRTY_MIN") < -100;

#plot long = cci_agg(8) < -135 and cci_agg(34, agg = "THIRTY_MIN") > +100;
plot short = cci_agg(8) > +135 and cci_agg(34, agg = "THIRTY_MIN") < -100;

I get an error called secondary period not allowed: 30m.

 

[SleepyZ]

I get an error called secondary period not allowed: 30m.

What I posted will work in a study, For the scanner, do this for longs and make a separate one for shorts with your logic.

 

[chackiejan]

Why do I get different results than you?

I do not want extended hours, I just wanted to confirm if both CCI conditions are met for long when I run that scanner. I am new to TOS.

 

[MerryDay]

Why do I get different results than you?

If you want to mirror @SleepyZ results; you need to mirror his settings.

1. Review your "Scan in:" and "Intersect with:" fields.
2. Review your extended hours settings

If you don't want extended hours on, that's fine;

1. Review your "Scan in:" and "Intersect with:" fields.

And realize that because your settings are different from @SleepyZ, you might get different results.

 

[chackiejan]

@SleepyZ

So on my screener right now, and while the first condition of cci8>-135 gets met, the second one for cci34<+100 does not. I am unable to wrap my head around that