Reversal Screener based on CCI and ROC sharp movement

Reversal Screener based on CCI and ROC sharp movement

this Screener identifies sharp movements, pointing to a potential reversal.

It uses CCI and MA of CCI. for example the CCI is above a neutral zone (definable parameter) and the CCIMA is below the neutral zone and has been there for a long (definable parameter) time.

The ROC is used to identify only those instruments where significant price action has occured.

Of course other factors need to be appraised in your investment decision, don’t jump in too early!

 

Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

New! PRC is also now on YouTube, subscribe to our channel for exclusive content and tutorials

  1. Balmora74 • 01/11/2020 #

    thanks for this code Philippo ! So if i understand well a Positive (+) EntryOK x ROC means a LONG signal and a Negative (-) EntryOK x ROC means a SHORTsignal ? And can we say that more important is EntryOK x ROC and more strong could be the reversal signal ?

  2. Dritan • 350 days ago #

    Hi Philippo,thanks for sharing this code.Can You add please Volume more than 250.00?Thanks

avatar
Register or

Likes

avatar avatar avatar avatar avatar avatar avatar avatar avatar
Related users ' posts
hErOSTiC Hi, Thank you for sharing your work with us. I have loaded the ITF file but I have an erro...
juanj Strange that the ITF file did not import the parameters. You can either add the parameter yo...
Finning Hi JuanJ, just a question about the tollerance*pointsize. I know what it is/what it does (in...
jzhuang it seems not working on prorealtime v11.1
Ridge-Trader thanks a lot, it¬īs very helpfull for me. Do you know, where i can find more Indicators for #...
Copperwave Hi Juan - awesome implementation of Robins price action analysis. Any chance this can be mod...
ialaoufadia Je viens de comprendre l'origine de mon problème : le graphique n'avait tout simplement pas ...
ialaoufadia Merci Nicolas, le problème était donc autre.
Gianluca Sorry but the stochastic part should be different: sto=Stochastic[14,1] stod=average[3](sto)...
jimkn0pf Christopher, wie saehe denn die Formel ohne Kontrollkerze (3. Kerze) aus?
XXXXVII Fixed ITF Trend Background //Indicateur CCI ID2 = CCI[50] => 60 ID3 = CCI[100] => 60...
Sanglier thanks ! i have been looking forward to find something like this
cfta Thanks for sharing, this may be a useful filter but I'm not sure if it's coded correctly sin...
stephane2.0 Yes, line 5 is truncated. I can't edit, please replace by:
stephane2.0 c=exponentialaverage[9](MACDLine[12,26,9](close))
Zigo
1 year ago
Wolf Compilation by sinusoid concept is very interesting. Thanks
groen200 Hi Zigo can you make backtest from this indicator
rosario Good evening I would like to understand why it doesn't work for me. Rosary
Sapo Thank you very much. as always your indicators are extremely effective. kind regards Vonasi.
mitsu21 Hi, it looks nice. I'll try it tomorrow thank you for your share kind regards bruno
kj1988 Thank you Vonasi for sharing this indicator. Very useful as a comfirmation to the price act...
Alai-n @Vonasi Thanks
jiddan78 how to convert to afl amibroker ?
Nicolas We do not supply free coding assistance for AFL Amibroker on the website. You can ask for pa...
Teddy Coronak Bonjour Nicolas , je voulais simplement te dire merci pour cet indicateur. Très simple et...
‚ā¨»ú Hi Nicolas, Excellent piece of code. I used your concept in one of my own indicators too wh...
Nicolas Thanks a lot for the tip.
Nicolas
2 years ago
CCI Trend
v10.3
CCI Trend
1
Indicators
Abdelkrim Maksour hi sir is this indicator for mt4 and how i can get one .
nectouxg thank you Nicolas of your speed of response, I tried but, I have to fix something badly, bec...
Nicolas change the lastline with: RETURN lastsig and check if lastsig change its value with the a...
nectouxg Hello Nicolas, I will try tonight when I get home, just one last question, I trade the DA...
Pablo Carmona del Moral hola juanjo, muchas gracias por este screener que nos has compartido. creo que lo voy a util...
Pablo Carmona del Moral para el volumen he cambiado: // Volumen significativo VS=volume>2*(average[10](volume[1...
Juanjo Muchas Gracias Pablo, ...Tengo varios screener, uno lo tengo adaptado para operar intradía, ...
Didouqc Bonjour Nicolas, Merci pour cet indicateur, encore génial! Je souhaite faire une suggest...
luxrun Good evening Nicholas, I can not see the colors on the line of the moving average, but only ...
Nicolas Yes, you must choose the oscillator that will color the moving average. Example: ONCE UseC...
XXXXVII Excellent indicateur ! Déterminer une tendance est devenu un jeu d'enfants ! Félicitation......
eckaw Hi Nicolas, I'm using this indicator when there is confluence over 3 different timeframes (5...
Nicolas Yes it is indeed possible. Create a topic in the screener forum and explain what you need an...
KyleReed i've been using this for a few days now and it's really helped me a lot in timing the execut...
Nicolas Thanks again for all your valuable posts... and well formatted code! :)
Abdelkrim Maksour hi sir is this indicator for mt4 and how i can get one .
larouedegann Bonjour Nicolas Je cherche à créer un screener avec cet indicateur lorsque un point bas app...
Nicolas Je pense qu'il existe déjà quelque part dans le forum.. il faudrait chercher. Sinon merci d...
Bhanu Pratap Dear Sir, Can I get MQL4 File for this indicator and last man standing . pls looking forward...

Top