CCI Alerts

[tajgarage]

I would like an EFS that provides a trigger when the CCI crosses -100 from below...or when it crosses +100 from above.

Is this already available...and I have not found it??

Or how can this be done??

Thanks!!

Taj

[ACM]

Taj
You have a couple of solutions available to you.
You can use the Formula Wizard to create the efs from scratch. The process is mostly point and click and is relatively easy.
Or you can check this thread where you will find three variations on the CCI that can very likely be modified to suit your needs.
Alex

[tajgarage]

CCI Crosses

Thanks, Alexis!!

I've been beating up the Wizard and I can not seem to get the attached EFS to work right.

Goals:
1-when CCI > -100, I want a green bar to show in the price pane on first occurrence;
2--when CCI < +100, I want a red bar to show in the price pane on first occurrence.

Goal 1 has been achieved (testing with INTC on 5min chart).

Goal 2 has NOT been achieved. Looks as though a red bar is showing up when CCI is < -100...not what I want.

Maybe I can't see the forest for the trees...but it stumps me...and any help would be appreciated!!

Thanks!!

Taj

[dloomis]

You were very close, jst remove the else from Step 2 manually.

[ACM]

Taj

The way it is currently set Condition 2 does not get verified because Condition 1 is always true except when CCI goes below -100.
The way to resolve this is to define the conditions differently for example as follows

if CCI of 1 bar ago (ie -1 offset) is less than -100 AND
CCI of current bar is more than -100 THEN

here you have a choice to make

a) paint the background green EVERY time this condition exists
b) paint the background green ONLY the first time the condition exists

In the first case the CCI may go above and below -100 a few times without ever reaching 100 and every time this happens the background is painted.
In the second case it will not be painted green again until the CCI has first gone above 100.

Then you set the reverse for CCI above 100 so

if CCI of 1 bar ago is more than 100 AND
CCI of current bar is less than 100 THEN etc

Hope this makes sense. Give it a try with the Formula Wizard and if you need help just let me know

Alex

[ACM]

Taj
Following up on my prior message here is what I mean by painting the background every time or only the first time.
In the first image the command is set to execute every time either condition is true



In the next image instead it is set to execute only the first time. As you can see until the opposite condition is verified every cross of 100 or -100 is not highlighted.



Hope this helps
Alex