CCI Crossover Alert — Indicator by Johnman

This very simple indicator will give you a blue background where the CCI crossed from below -100 to above -100, and a red background where it crossed from above 100 to below 100.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?

study("CCI Crossover Alert", overlay=true)
length=input(20, "Length", integer)

current = cci(close[0], length)
previous = cci(close[1], length)

bgcolor(current < 100 and previous > 100 ? red : na)
bgcolor(current > -100 and previous < -100 ? blue : na)

//plot(100, style=area, transp=95, color=blue)
//plot(-100, style=area, transp=95, color=blue)
//plot(cci(close, length))