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PTSP CCI

CCI

PTSP CCI is a client side VTL script that create alerts based on the Commodity Channel Index. The CCI can be used to identify a new trend or warn of extreme conditions. The VTL pop up alerts on the chart at critical CCI levels and plays a sound.

The indicator is highly cutomizable. User can enter the CCI levels where alerts should trigger and the alert text. For CCI calculation, different price fields can be used like Close, open, high, low, typical price etc.

The indicator plots green and red vertical bars in the indicator pane where critical alerts triggered. The red bar indicator pane means an extreme level has reached for the up trend and green bar indicates an extreme level of down trend was reached. These extreme levels are user defined through parameters. The default settings are +200 and -200.

There were 6 types of alerts available in the VTL and for each alert user can define the alert text. They are CCI crosses upward or downward at the upper/lower extremes and CCI crosses above or below the zero level.

Usage

  • Download the attachment.
  • Copy it to your company VertexFX  Local VTL Files folder i.e. C:\Program Files\Company Name\vtl10\Local VTL Scripts\
  • Restart your Client Terminal or Right Click on "Local VTL Scripts" Tree Node to find the script.
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11 June 2014
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