Coloured CCI Histogram V2.0 by JustUncleLThis is a requested update of this script. This is a standard CCI indicator that shows a coloured histogram of important CCI levels, giving a good visual of the CCI levels. Added to this version is an extra coloured level +/-200 and an option to calculate CCI with EMA instead of the standard SMA.
CCI LEVELS:
Light Green - Greater than 0 and less than 100.
Green - Greater than 100 and less than 200.
Aqua - Greater than 200.
Light Red - Less than 0 and greater than -100.
Red - Less than -100 and greater than -200.
Magenta - Less than -200.
If you would like different colour arrangement just change them in the "Style" settings of the indicator.
Histogram
Stochastic HistogramLast Edited: 5/19/16
Description:
This is a basic Stochastic histogram that essentially shows when the indicator
is either above or below the 50 level. Colors can be customized to your liking.
Length and smoothing factor can be adjusted as well. Defaults are 14 (Length)
and 3 (Smoothing Factor).
NOTE: The above chart contains the built-in stochastic indicator for comparison.
Patrick's Buy/Sell HistogramSimply look for a 12 point long bar and that's a perfect time to buy the security
The Volume-Weighted MACD HistogramThe related article is copyrighted material from Stocks & Commodities 2009 Oct
Momentum HistogramThis creates a replica of relative distance from the moving averages, a good way to measure the strength, divergences etc.... short, mid and long term waves.
List of All my Indicators - www.tradingview.com