Volatility Indicators

Usage Notes

• The horizontal line is the CCI indicator Zero (0) line. When CCI is above Zero the line turns BLUE; below it turns RED.
• A yellow circle appears when CCI crosses over the Zero line.
• A divergence signal is a counter trend prediction/entry signal – opposite of current price direction.
• The dot on the Bollinger Bands is the current CCI level. The color of the dot indicates the direction the CCI is moving (GREEN up or RED down).

Trend Mode:

• When the CCI dots rise outside of the upper Bollinger Band, a Buy signal is generated shown as an Up Arrow.
• When the CCI dots fall outside of the lower Bollinger Band, a Sell signal is generated shown as a Down Arrow.
  
  

CounterTrend Mode:

• When the CCI dots fall from outside of the upper Bollinger Band, a Sell signal is generated shown as a Down Arrow.
• When the CCI dots rise from outside of the lower Bollinger Band, a Buy signal is generated shown as an Up Arrow.
• By Default, the indicator's alerts will oscillate between buying and selling. When set to show re-entries, it will show all signals regardless of trade direction. Re-entries may be helpful for choosing areas to take profit or re-enter a position if stopped out on a previous trade.
• The indicator will optionally show divergence in price vs CCI, illustrated by Buy and Sell triangles and lines above/below price bars. Audible alert sounds can be set to built-in or custom .wav files. The indicator's colors can be customized.

Key Features

• Visual and Audible Alerts for: Buy / Sell signals
• Countertrend instances
• Divergence points
• Fully customizable visuals and sounds