CCI Zero-Line Crosses Marked with Chart Dots
Summary
This indicator places a marker on the price chart when the Commodity Channel Index crosses its zero line. An upward cross gets a dot below the candle, while a downward cross gets one above it. The placement uses a moving average period to calculate the distance from the candle’s high or low.
The described settings are the CCI period, the applied price used in its calculation, and the moving average period for marker placement. The document explains the signal display and its inputs, but provides no trading rules, performance evidence, or guidance on interpreting crosses. A zero-line cross can be used as a directional signal, but the text does not establish that it predicts profitable trades.
Key ideas
- An upward CCI zero-line cross places a dot below the candle.
- A downward CCI zero-line cross places a dot above the candle.
- The CCI period and applied price are configurable inputs.
- A moving average period determines marker distance from the candle’s high or low.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.