Colored CCI
Combining AFL code in Amibroker and Amibroker data feeder, traders can design colored Commodity Channel Index (CCI) indicators. These color-coded CCI displays make it easier to spot overbought or oversold conditions and potential reversals, helping traders execute timely and informed trades.
_SECTION_BEGIN("colored CCI");
T = 20;
Title = "301-4 " + Name () + " " + FullName() + " "
+ "CCI" + " " + "periods:" + WriteVal(T);
MaxGraph = 5;
Graph2 = CCI (T);
Uptrend = 100; Downtrend = -100;
Graph2BarColor = IIf (Graph2 > uptrend, 5,
IIf (Graph2 < downtrend,4,6));
Graph4 = Graph2;
Buy = Cross (Graph2, 0) AND (Ref (Graph2,-1) < 0) AND (Ref (Graph2,-2) < 0)AND (Ref (Graph2,-3) < 0) AND (LLV (RSI(9),10) < 30) AND Cross (RSI (9),50);
_SECTION_END();