BB CCI Crossover Signals with Bollinger Band Breaks
Summary
This pattern indicator combines a smoothed Commodity Channel Index with Bollinger Bands. Its central signal occurs when price crosses an upper or lower Bollinger Band boundary while the CCI crosses its signal line. The default timeframe is five minutes. The description identifies the indicator’s original author and notes that an earlier implementation was published in 2008.
The document explains the signal concept and mentions a required smoothing library for the implementation, but it does not specify entry timing, exits, risk controls, or how simultaneous price and CCI crossings are handled. It supplies no backtest results or evidence that the pattern predicts profitable trades. The indicator should therefore be understood as a technical signal construction whose usefulness depends on the trader’s own market, parameter, and execution evaluation.
Key ideas
- The indicator combines a smoothed Commodity Channel Index with Bollinger Bands.
- A signal is based on a CCI crossover coinciding with price crossing an outer Bollinger boundary.
- The default chart timeframe is five minutes.
- The description omits trade management rules and provides no performance evidence.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.