OPEN-SOURCE SCRIPT
CCI 0Trend Strategy (by Marcoweb) v1.0

Hi guys,
I am trying to create a strategy that consists in the crossover/under of the 0 line of the Commodity Channel Index. Every time the price crosses over the 0 line in the CCI the strategy has to long getting short on the cross under and viceversa.
I have published here another script strategy (consists in a crossover/under of the Overbought/Oversold levels of the CCI) that works so I could have the opportunity to share with you the main idea that as per now is mistaken:
//version=2
strategy(title="CCI 0Trend Strategy (by Marcoweb) v1.0", shorttitle="CCI_0T_Stra_v1.0", overlay=true)
///////////// CCI
length = input(20, minval=1)
src = input(close, title="Source")
ma = sma(src, length)
cci = (src - ma) / (0.015 * dev(src, length))
plot(cci, color=black)
band1 = hline(100, color=blue, linestyle=solid)
band0 = hline(-100, color=red, linestyle=solid)
bandl = hline(0, color=orange, linestyle=solid)
fill(band1, band0, color=olive)
p1 = plot(band0, color=red,title="-100")
p2 = plot(band1, color=blue,title="100")
p3 = plot(bandl, color=orange,title="0")
///////////// CCI 0Trend Strategy (by Marcoweb) v1.0 Strategy
if (not na(cci))
if (crossover(cci, bandl)
strategy.entry("CCI_L", strategy.long, stop=bandl, oca_type=strategy.oca.cancel, comment="CCI_L")
else
strategy.cancel(id="CCI_L")
if (crossunder(cci, bandl)
strategy.entry("CCI_S", strategy.short, stop=bandl, oca_type=strategy.oca.cancel, comment="CCI_S")
else
strategy.cancel(id="CCI_S")
//plot(strategy.equity, title="equity", color=red, linewidth=2, style=areabr)
With this coding I get the error : line 24 (if (crossover(cci, bandl): mismatched input '|E|' expecting RPAR
Hope you like the idea ;)
I am trying to create a strategy that consists in the crossover/under of the 0 line of the Commodity Channel Index. Every time the price crosses over the 0 line in the CCI the strategy has to long getting short on the cross under and viceversa.
I have published here another script strategy (consists in a crossover/under of the Overbought/Oversold levels of the CCI) that works so I could have the opportunity to share with you the main idea that as per now is mistaken:
//version=2
strategy(title="CCI 0Trend Strategy (by Marcoweb) v1.0", shorttitle="CCI_0T_Stra_v1.0", overlay=true)
///////////// CCI
length = input(20, minval=1)
src = input(close, title="Source")
ma = sma(src, length)
cci = (src - ma) / (0.015 * dev(src, length))
plot(cci, color=black)
band1 = hline(100, color=blue, linestyle=solid)
band0 = hline(-100, color=red, linestyle=solid)
bandl = hline(0, color=orange, linestyle=solid)
fill(band1, band0, color=olive)
p1 = plot(band0, color=red,title="-100")
p2 = plot(band1, color=blue,title="100")
p3 = plot(bandl, color=orange,title="0")
///////////// CCI 0Trend Strategy (by Marcoweb) v1.0 Strategy
if (not na(cci))
if (crossover(cci, bandl)
strategy.entry("CCI_L", strategy.long, stop=bandl, oca_type=strategy.oca.cancel, comment="CCI_L")
else
strategy.cancel(id="CCI_L")
if (crossunder(cci, bandl)
strategy.entry("CCI_S", strategy.short, stop=bandl, oca_type=strategy.oca.cancel, comment="CCI_S")
else
strategy.cancel(id="CCI_S")
//plot(strategy.equity, title="equity", color=red, linewidth=2, style=areabr)
With this coding I get the error : line 24 (if (crossover(cci, bandl): mismatched input '|E|' expecting RPAR
Hope you like the idea ;)
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.