OPEN-SOURCE SCRIPT
CCI Levels Advanced [CongTrader]

📌 Final Professional Description (ready to publish)
Overview
CCI Levels Advanced [CongTrader] is an enhanced version of the Commodity Channel Index (CCI).
This indicator expands on the classic CCI by introducing extreme overbought/oversold zones, background highlights, visual cross markers, and customizable alerts. It is designed as a flexible tool for traders who want clearer insights into market momentum and potential turning points.
Features
Customizable CCI length – fine-tune sensitivity for different assets and timeframes.
Overbought/Oversold thresholds – adjustable levels to match your strategy.
Extreme zone highlights – visual shading when CCI reaches unusually strong levels.
Cross markers – ▲ / ▼ markers when CCI crosses oversold or overbought zones.
Alert system – built-in conditions for crossovers and extreme levels.
How to Use
Use CCI levels to detect momentum shifts and potential exhaustion points.
Overbought/oversold levels may highlight conditions of market pressure, but they are not direct buy/sell signals.
Extreme zones can be used as filters to avoid weaker signals.
Combine with trend filters, support/resistance, or volume indicators for confirmation.
Notes
This script is a technical analysis tool.
It does not generate guaranteed trading signals.
Past performance does not guarantee future results.
Always backtest and validate with additional analysis.
Disclaimer
This indicator is published for educational and analytical purposes only.
It should not be interpreted as financial advice or a recommendation to buy or sell any asset.
Trading involves risk, and you are solely responsible for your own investment decisions...
Overview
CCI Levels Advanced [CongTrader] is an enhanced version of the Commodity Channel Index (CCI).
This indicator expands on the classic CCI by introducing extreme overbought/oversold zones, background highlights, visual cross markers, and customizable alerts. It is designed as a flexible tool for traders who want clearer insights into market momentum and potential turning points.
Features
Customizable CCI length – fine-tune sensitivity for different assets and timeframes.
Overbought/Oversold thresholds – adjustable levels to match your strategy.
Extreme zone highlights – visual shading when CCI reaches unusually strong levels.
Cross markers – ▲ / ▼ markers when CCI crosses oversold or overbought zones.
Alert system – built-in conditions for crossovers and extreme levels.
How to Use
Use CCI levels to detect momentum shifts and potential exhaustion points.
Overbought/oversold levels may highlight conditions of market pressure, but they are not direct buy/sell signals.
Extreme zones can be used as filters to avoid weaker signals.
Combine with trend filters, support/resistance, or volume indicators for confirmation.
Notes
This script is a technical analysis tool.
It does not generate guaranteed trading signals.
Past performance does not guarantee future results.
Always backtest and validate with additional analysis.
Disclaimer
This indicator is published for educational and analytical purposes only.
It should not be interpreted as financial advice or a recommendation to buy or sell any asset.
Trading involves risk, and you are solely responsible for your own investment decisions...
Скрипт с открытым кодом
В истинном духе TradingView автор этого скрипта опубликовал его с открытым исходным кодом, чтобы трейдеры могли понять, как он работает, и проверить на практике. Вы можете воспользоваться им бесплатно, но повторное использование этого кода в публикации регулируется Правилами поведения.
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.
Скрипт с открытым кодом
В истинном духе TradingView автор этого скрипта опубликовал его с открытым исходным кодом, чтобы трейдеры могли понять, как он работает, и проверить на практике. Вы можете воспользоваться им бесплатно, но повторное использование этого кода в публикации регулируется Правилами поведения.
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.