Is there such a CCI based 'trading zone' indicator?
A Multi-MTF indicator based on CCI that can show, via a chart background change of colour, when, on the traded timeframe the 2 chosen higher timeframes superimposed to create a trading zone.
For example, when trading the 5m timeframe the chart will show a background colour relating to wether the15m and 60m have crossed a zero level.
See the illustration for how it would look.
I'd appreciate if anyone has seen, or can adapt, such an indicator.
I realise that this may be a new concept but I feel it is very imortant for safer trading.
George
A Multi-MTF indicator based on CCI that can show, via a chart background change of colour, when, on the traded timeframe the 2 chosen higher timeframes superimposed to create a trading zone.
For example, when trading the 5m timeframe the chart will show a background colour relating to wether the15m and 60m have crossed a zero level.
See the illustration for how it would look.
I'd appreciate if anyone has seen, or can adapt, such an indicator.
I realise that this may be a new concept but I feel it is very imortant for safer trading.
George
Attached Image (click to enlarge)
