thakon33

CCI MTF Ob+Os

Hello Traders,

This is a simple Commodity Channel Index ( CCI ) indicator with multi-timeframe (MTF) overbought and oversold level.

It can detect overbought and oversold level up to 5 timeframes, which help traders spot potential reversal point more easily.

There are options to select 1-5 timeframes to detect overbought and oversold.

Green Background is "Oversold" , looking for "Long".
Red Background is "Overbought" , looking for "Short".

Have fun :)

Contact me via Telegram: https://t.me/thakon33
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

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