Multi-Timeframe CCI Trend Histogram with ADX Filtering
Summary
This indicator description presents a visual way to identify directional trends using the Commodity Channel Index (CCI) at four lookback lengths. Each CCI reading is compared with positive and negative thresholds; separate blocks show the individual readings, while a combined condition marks when all four point in the same direction. The display uses contrasting colors for bullish and bearish alignment and can also place a background color on the price chart.
The text recommends checking whether the signal agrees across higher timeframes before applying a separate entry strategy. A second signal formulation combines the four CCI conditions with an optional Average Directional Index (ADX) filter, using an ADX threshold to indicate trend strength. The description does not define an entry, exit, or position-sizing system, and provides no chart examples, backtest, or live results. The code is platform-specific, and the prose leaves details of timeframe selection and the ADX option unclear, so the indicator alone does not establish whether a signal is tradeable or profitable.
Key ideas
- Four CCI lookback lengths are compared with positive and negative thresholds to flag directional alignment.
- Colored blocks and chart backgrounds make the individual readings and combined trend state visible.
- The author recommends confirming alignment across higher timeframes before applying an entry strategy.
- An optional ADX condition is presented as a filter for trend strength.
- The document provides no backtest, performance evidence, or complete trade-management rules.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.