Woodies CCI Indicator and Scanner for ThinkorSwim

tenacity11

tenacity11

Active member
2019 Donor
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Would greatly appreciate if someone could set up a scan for me. I'm looking for anytime a yellow histogram bar appears either above or below the zero line.
Here's the code and thanks so much
Code: 
# TD Ameritrade IP Company, Inc. (c) 2007-2019
#
declare lower;
input shortLength = 6;
input longLength = 14;
input lowerSideWinderLimit = 30.0;
input upperSideWinderLimit = 100.0;
input hideSideWinder = No;
def LinearReg = Inertia(close, 25);
def expAvg = ExpAverage(close, 34);
def diff = close - expAvg;
def yyyyMmDd = getYyyyMmDd();
def session_duration_minutes = (regularTradingEnd(yyyyMmDd) - regularTradingStart(yyyyMmDd)) / AggregationPeriod.MIN;
def interval_size_raw;
def aggregation = getAggregationPeriod();
if (aggregation == AggregationPeriod.DAY) {
interval_size_raw = session_duration_minutes * 60;
} else if (aggregation == AggregationPeriod.TWO_DAYS) {
interval_size_raw = session_duration_minutes * 60 * 2;
} else if (aggregation == AggregationPeriod.THREE_DAYS) {
interval_size_raw = session_duration_minutes * 60 * 3;
} else if (aggregation == AggregationPeriod.FOUR_DAYS) {
interval_size_raw = session_duration_minutes * 60 * 4;
} else if (aggregation == AggregationPeriod.WEEK) {
interval_size_raw = session_duration_minutes * 60 * 5;
} else if (aggregation == AggregationPeriod.MONTH or aggregation == AggregationPeriod.OPT_EXP) {
interval_size_raw = session_duration_minutes * 60 * 22;
} else if (aggregation >= AggregationPeriod.MIN) {
interval_size_raw = aggregation / AggregationPeriod.MIN;
} else {
interval_size_raw = aggregation;
}
def ema_angle_factor = Sqrt(interval_size_raw / 180);
def avg_ema = (expAvg[2] + expAvg[1]) / 2;
def avg_lsma = (LinearReg[2] + LinearReg[1]) / 2;
def lsma_slope = (LinearReg - avg_lsma) / tickSize();
def lsma_angle = ATan(lsma_slope / ema_angle_factor) / Double.Pi * 180;
def ema_slope = (expAvg - avg_ema) / tickSize();
def ema_angle = ATan(ema_slope / ema_angle_factor) / Double.Pi * 180;
def sw = lsma_angle + ema_angle;
def swabs = AbsValue(sw);
plot CCI = cci(length = longLength);
plot TCCI = cci(length = shortLength);
plot "CCI Hist" = CCI;
plot "CZ +100" = if IsNaN(close) then Double.NaN else 100;
plot "CZ -100" = if IsNaN(close) then Double.NaN else -100;
plot "SW +200" = if IsNaN(close) then Double.NaN else 200;
plot "SW -200" = if IsNaN(close) then Double.NaN else -200;
plot ZeroLine = if IsNaN(close) then Double.NaN else 0;
CCI.SetDefaultColor(GetColor(0));
CCI.SetLineWeight(3);
TCCI.SetDefaultColor(Color.YELLOW);
def colorState;
if Crosses(0, CCI, CrossingDirection.Below) {
colorState = 1;
} else if Crosses(0, CCI, CrossingDirection.Above) {
colorState = -1;
} else if (cci[1] > 0) {
colorState = ColorState[1] + 1;
} else if (cci[1] < 0) {
colorState = ColorState[1] - 1;
} else {
colorState = 0;
}
def histColor = {default "Neutral", "Negative", "Positive", "Last neutral"};
if AbsValue(colorState) == 1 {
if colorState[1] == 0 or histColor[1] == histColor."Positive" or histColor[1] == histColor."Negative" {
histColor = histColor."Neutral";
} else {
histColor = if colorState > 0 then histColor."Positive" else histColor."Negative";
}
} else if AbsValue(colorState) > 1 and AbsValue(colorState) < 5 {
histColor = histColor[1];
} else if AbsValue(colorState) == 5 {
if histColor[1] == histColor."Neutral" {
histColor = histColor."Last neutral";
} else {
histColor = histColor[1];
}
} else if AbsValue(colorState) > 5 {
histColor = if colorState > 0 then histColor."Positive" else histColor."Negative";
} else {
histColor = histColor."Neutral";
}
"CCI Hist".DefineColor("Neutral", Color.GRAY);
"CCI Hist".DefineColor("Last Neutral", Color.YELLOW);
"CCI Hist".DefineColor("Positive", Color.GREEN);
"CCI Hist".DefineColor("Negative", Color.RED);
"CCI Hist".SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
"CCI Hist".SetLineWeight(3);
"CCI Hist".HideTitle();
"CCI Hist".AssignValueColor(
if histColor == HistColor."Neutral" then "CCI Hist".color("Neutral")
else if histColor == HistColor."Negative" then "CCI Hist".color("Negative")
else if histColor == HistColor."Positive" then "CCI Hist".color("Positive")
    else "CCI Hist".color("Last Neutral"));
"CZ +100".DefineColor("Dark Red", Color.DARK_RED);
"CZ +100".DefineColor("Light Red", Color.LIGHT_RED);
"CZ +100".DefineColor("Dark Orange", Color.DARK_ORANGE);
"CZ +100".DefineColor("Light Orange", Color.LIGHT_ORANGE);
"CZ +100".DefineColor("Yellow", Color.YELLOW);
"CZ +100".DefineColor("Lime", Color.LIME);
"CZ +100".DefineColor("Light Green", Color.LIGHT_GREEN);
"CZ +100".DefineColor("Dark Green", Color.DARK_GREEN);
"CZ +100".DefineColor("Cyan", Color.CYAN);
"CZ +100".SetDefaultColor(GetColor(1));
"CZ +100".SetLineWeight(2);
"CZ +100".SetPaintingStrategy(PaintingStrategy.DASHES);
"CZ +100".HideTitle();
"CZ +100".HideBubble();
"CZ +100".AssignValueColor(
if (AbsValue(diff) < tickSize()) then
"CZ +100".color("Yellow")
else if (tickSize() < diff && diff <= 2 * tickSize()) then
"CZ +100".color("Lime")
else if (2 * tickSize() < diff && diff <= 3 * tickSize()) then
"CZ +100".color("Light Green")
else if (3 * tickSize() < diff && diff <= 4 * tickSize()) then
"CZ +100".color("Dark Green")
else if (4 * tickSize() < diff) then
"CZ +100".color("Cyan")
else if (-tickSize() > diff && diff >= -2 * tickSize()) then
"CZ +100".color("Light Orange")
else if (-2 * tickSize() > diff && diff >= -3 * tickSize()) then
"CZ +100".color("Dark Orange")
else if (-3 * tickSize() > diff && diff >= -4 * tickSize()) then
"CZ +100".color("Light Red")
else
      "CZ +100".color("Dark Red"));
"CZ -100".AssignValueColor("CZ +100".TakeValueColor());
"CZ -100".SetDefaultColor(GetColor(1));
"CZ -100".SetLineWeight(2);
"CZ -100".SetPaintingStrategy(PaintingStrategy.DASHES);
"CZ -100".HideTitle();
"CZ -100".HideBubble();
"SW +200".SetDefaultColor(GetColor(1));
"SW +200".SetLineWeight(2);
"SW +200".SetPaintingStrategy(PaintingStrategy.DASHES);
"SW +200".HideTitle();
"SW +200".HideBubble();
"SW +200".DefineColor("Trending", Color.GREEN);
"SW +200".DefineColor("Normal", Color.YELLOW);
"SW +200".DefineColor("Flat", Color.RED);
"SW +200".AssignValueColor(
if swabs >= upperSideWinderLimit then "SW +200".color("Trending")
else if swabs > lowerSideWinderLimit then "SW +200".color("Normal")
    else "SW +200".color("Flat"));
"SW -200".AssignValueColor("SW +200".TakeValueColor());
"SW -200".SetDefaultColor(GetColor(1));
"SW -200".SetLineWeight(2);
"SW -200".SetPaintingStrategy(PaintingStrategy.DASHES);
"SW -200".HideTitle();
"SW -200".HideBubble();
ZeroLine.DefineColor("Above LSMA", Color.GREEN);
ZeroLine.DefineColor("Equal to LSMA", Color.WHITE);
ZeroLine.DefineColor("Below LSMA", Color.RED);
ZeroLine.SetPaintingStrategy(PaintingStrategy.DASHES);
ZeroLine.SetLineWeight(2);
ZeroLine.HideTitle();
ZeroLine.AssignValueColor(
if close < LinearReg then ZeroLine.color("Below LSMA")
else if close > LinearReg then ZeroLine.color("Above LSMA")
    else ZeroLine.color("Equal to LSMA"));
AddLabel(!hideSideWinder and !isNaN(sw), round(sw, 2) +
if swabs >= upperSideWinderLimit then
" Trending"
else if swabs > lowerSideWinderLimit then
" Normal"
else
    " Flat", "SW -200".takeValueColor());
 
@tenacity11 Per your request here is a custom Woodies CCI scan for a yellow histogram bar either above or below the zero line. I have scanned this against the S&P 500 using a daily aggregation and obtained 26 results. I cross checked this against the Woodies CCI study and they match up. Have fun!

Code: 
# Woodies CCI Scan
# tomsk
# 1.12.2020

# tomsk: As requested by tenacity11, this is a custom Woodies CCI scan for a
# yellow histogram bar either above or below the zero line. This is based on
# the standard TOS Woodies CCI study

input shortLength = 6;
input longLength = 14;

def LinearReg = Inertia(close, 25);
def expAvg = ExpAverage(close, 34);
def diff = close - expAvg;
def yyyyMmDd = getYyyyMmDd();
def session_duration_minutes = (regularTradingEnd(yyyyMmDd) - regularTradingStart(yyyyMmDd)) / AggregationPeriod.MIN;
def interval_size_raw;
def aggregation = getAggregationPeriod();
if (aggregation == AggregationPeriod.DAY) {
    interval_size_raw = session_duration_minutes * 60;
} else if (aggregation == AggregationPeriod.TWO_DAYS) {
    interval_size_raw = session_duration_minutes * 60 * 2;
} else if (aggregation == AggregationPeriod.THREE_DAYS) {
    interval_size_raw = session_duration_minutes * 60 * 3;
} else if (aggregation == AggregationPeriod.FOUR_DAYS) {
    interval_size_raw = session_duration_minutes * 60 * 4;
} else if (aggregation == AggregationPeriod.WEEK) {
    interval_size_raw = session_duration_minutes * 60 * 5;
} else if (aggregation == AggregationPeriod.MONTH or aggregation == AggregationPeriod.OPT_EXP) {
    interval_size_raw = session_duration_minutes * 60 * 22;
} else if (aggregation >= AggregationPeriod.MIN) {
    interval_size_raw = aggregation / AggregationPeriod.MIN;
} else {
    interval_size_raw = aggregation;
}

def ema_angle_factor = Sqrt(interval_size_raw / 180);
def avg_ema = (expAvg[2] + expAvg[1]) / 2;
def avg_lsma = (LinearReg[2] + LinearReg[1]) / 2;
def lsma_slope = (LinearReg - avg_lsma) / tickSize();
def lsma_angle = ATan(lsma_slope / ema_angle_factor) / Double.Pi * 180;
def ema_slope = (expAvg - avg_ema) / tickSize();
def ema_angle = ATan(ema_slope / ema_angle_factor) / Double.Pi * 180;
def sw = lsma_angle + ema_angle;
def swabs = AbsValue(sw);

def CCI = cci(length = longLength);
def CCIHist = CCI;

def colorState;
if Crosses(0, CCI, CrossingDirection.Below) {
    colorState = 1;
} else if Crosses(0, CCI, CrossingDirection.Above) {
    colorState = -1;
} else if (cci[1] > 0) {
    colorState = ColorState[1] + 1;
} else if (cci[1] < 0) {
    colorState = ColorState[1] - 1;
} else {
    colorState = 0;
}

def histColor = {default "Neutral", "Negative", "Positive", "Last neutral"};

if AbsValue(colorState) == 1 {
    if  colorState[1] == 0 or histColor[1] == histColor."Positive" or histColor[1] == histColor."Negative" {
        histColor = histColor."Neutral";
    } else {
        histColor = if colorState > 0 then histColor."Positive" else histColor."Negative";
    }
}
else if AbsValue(colorState) > 1 and AbsValue(colorState) < 5 {
    histColor = histColor[1];
}
else if AbsValue(colorState) == 5 {
    if histColor[1] == histColor."Neutral" {
        histColor = histColor."Last neutral";
    } else {
        histColor = histColor[1];
    }
}
else if AbsValue(colorState) > 5 {
    histColor = if colorState > 0 then histColor."Positive" else histColor."Negative";
}
else {
    histColor = histColor."Neutral";
}

plot scan = histColor == histColor."Last neutral";
# End Woodies CCI Scan
 
Last edited:
@tomsk
Greatly appreciated. 2020 is going to be about backtracking to simplicity. Even long time traders can get caught in analysis paralysis and having gone through so much info I needed to get back to just simple and this will work.
 
@tenacity11 You're very welcome, and it is really helpful when you clearly and precisely articulated your requirements. Literally took me about 5 mins effort to construct that scan. Have fun!
 
BTW,....Woodie has a desktop reference guide on his system..

Do you have Woodies trading manuel for this strategy? If interested....

Woodie had occasionally visited the ThinkScript chat in TOS,.... he's someone that people should be trying to locate...
 
Last edited by a moderator:
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