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CB: CCI & MFI Indicator

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Custom Indicator development for a Backtest Rookies professional services customer. Published for customer testing and acceptance.

https://backtest-rookies.com/professional-services/

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Major New Release

  • Strategy logic added to the indicator to allow automation through alerts
  • Go Long, Go Short and Close position alerts added
  • Tracking of when the indicator is in an imaginary position so that further long / short signals are not generated.
  • Tracking of an imaginary stop loss to trigger a close alert and reset the position to 0.
  • Plotting changed to show position status for testing.
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Update to add additional close alert and change default alert texts.
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Update with new features:

  • Seperate EMA settings for MFI
  • Added min consecutive down days setting
  • Added consecutive checks for CCI entry
  • Added TP setting - Simulated TP (Will trigger a close alert for automation)
  • Added seperate trade direction control for MFI - So the trade direction can be set independently of CCI


Fixes

  • Fix for consecutive days check.
  • Fix typos in parameter description strings
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Fix for bug consecutive up / down days bug introduced in last update
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Update to add fake strategy logic for the edge case when a position is closed due to hitting a take profit / stop loss and the indicator immediately signals to re-enter a position.
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Update

Added independent take profit and stop loss inputs for the short side.
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Changed default parameters

Fixed bug with simulating strategy logic in the indicator.

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