LIVE - AI Trading Bot - Bitcoin + Ethereum - 5 Minute Chart - CCI.1LONG.1SHORT.ZEROLINE-33
This AI trading bot is the simplest, safest and most effective CCI strategy I've developed for day trading so far. It is well suited for novice traders using the 1 and 5 minute charts.
The CCI is set at 33. The bot is LONG when the CCI is greater than zero. The bot is SHORT when the CCI is less than zero. The bot puts green LONG and orange SHORT triangles on the chart when the CCI crosses up or down through zero.
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// @DayTradingCryptos -> this code is open source freeware
//@version=5
indicator("CCI.1LONG.1SHORT.ZEROLINE", overlay=true)
// Calculate CCI
// Test different settings by changing "33"
length = input.int(33, title="CCI Length")
cci_value = ta.cci(close, length)
// Define buy and sell conditions
buy_signal = ta.crossover(cci_value, 0)
sell_signal = ta.crossunder(cci_value, 0)
// Plot buy and sell signals on CCI with text labels
plotshape(series=buy_signal, title="Buy Signal", location=location.belowbar, color=color.green, style=shape.triangleup, size=size.small, text="LONG", textcolor=color.green, offset=0)
plotshape(series=sell_signal, title="Sell Signal", location=location.abovebar, color=color.orange, style=shape.triangledown, size=size.small, text="SHORT", textcolor=color.orange, offset=0)
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How-to insert Pine Script trading strategies onto TradingView charts: https://rumble.com/v4nw19o-how-to-insert-pine-script-trading-strategies-onto-tradingview-charts.html
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