CK INDEX Strategy Open-source code, Free, No Cost. by musashibruno
By musashibruno
Performance Metrics
- Author: musashibruno
- Symbol: COINBASE:BTCUSD
- Timeframe: 1 day
- Net P&L: +381,266,776.47 USD (+30,990.12%)
- Win Rate: 44.2%
- Profit Factor: 1.807
- Max Drawdown: 110,839,818.73 USD (56.31%)
- Total Trades: 95
Description
Aqui está a tradução fiel e técnica para o inglês, ideal para a descrição do seu script no TradingView:### 1. Requirements (The 3 Principles)1. **Study** the code.2. **Modify** the code.3. **Distribute** copies or derivative versions (respecting the original credits). Description: Direction and Strength — CK IndexThe **CK Index** is a composite indicator formed by the conceptual sum of two CCIs and the PVT (Price Volume Trend) with an arithmetic mean. Its function is to simultaneously validate direction and accumulated flow.For a **buy operation**, both CCIs must be above zero, indicating bullish dominance across different time horizons, and the PVT must be above its average. For a **sell operation**, the CCIs must be below zero and the PVT below its average.It is important to emphasize that it acts as an **entry trigger**: the candle will turn **blue** to indicate a buy, **yellow** for a sell, and **white** when there is neutrality (meaning the color will be white when there is no clear definition—these are my personal settings). In its default form, it uses **green, red, and gray**, respectively.Good trades, and make the world a better and freer place!