CCI ±100 Price Deviation with SMA & VWAP Trend Color

٢٠ نوفمبر

Indicator Synopsis: CCI ±100 Price Deviation with SMA & VWAP
Purpose:
This indicator combines trend filtering, momentum smoothing, and dynamic price bands to help identify intraday trading opportunities. It’s designed for:
15-minute chart → trend identification
1–2 minute chart → precise entries based on dynamic bands

Components:
SMA of Typical Price (smaTP)
Smooth average of the current bar’s typical price (hlc3).
Acts as a dynamic midpoint for the ±100 deviation bands.
±100 Deviation Bands
Calculated using a modified CCI formula:
Upper = SMA TP + 0.015 × MAD × 100
Lower = SMA TP - 0.015 × MAD × 100
Works as dynamic support/resistance and potential reversal zones.
SMA of CCI length (scaled to price)
Smooths the CCI momentum signal to the price scale.
Acts as a confirmation filter for trade direction near bands.
Optional toggle and customizable color/line width.
VWAP (Volume Weighted Average Price)
Optional overlay with trend-based coloring:
Price above VWAP → bullish → green
Price below VWAP → bearish → red
Acts as primary trend filter.

How to Use the Indicator
Step 1: Determine Trend (15-minute chart)
Check VWAP trend:
Price > VWAP → bullish trend → only consider long trades
Price < VWAP → bearish trend → only consider short trades
Confirm with SMA TP slope:
Rising SMA → bullish bias
Falling SMA → bearish bias
This ensures you only trade in the direction of the intraday trend.

٢٠ نوفمبر

ملاحظات الأخبار

Added two moving averages, EMA/SMA

٢١ نوفمبر

ملاحظات الأخبار

Fixed issue with CCI bands

٢١ نوفمبر

ملاحظات الأخبار

✅ What changed:
Added md_sma = ta.sma(md, cci_sma_length) – smooths the MAD to match the CCI SMA.
Scaled CCI SMA using md_sma instead of the current MAD (md).
All other plots (VWAP, MAs, ±100 bands) remain unchanged.
This ensures the CCI SMA visually tracks the ±100 bands correctly without lag distortion.

٢٥ نوفمبر

ملاحظات الأخبار

Added thrid EMA/SMA

٢٦ نوفمبر

ملاحظات الأخبار

Shorten name