MCI and VCI - Modified CCI Formulas — Strategy by ericisom887
By ericisom887
Performance Metrics
- Author: ericisom887
- Symbol: BITMEX:XBTUSD
- Timeframe: 15 minutes
- Net P&L: +1,653.97 USD (+656.87%)
- Win Rate: 40.2%
- Profit Factor: 2.47
- Max Drawdown: 180.05 USD (9.15%)
- Total Trades: 199
- Sharpe Ratio: 0.553
Description
For private peeps only- Takes a modified version of the CCI formula into 2 partsVCI - Volume Channel Index (Yellow Histogram) - Measures accurate accumulation and distribution levels and times MCI - Modified Channel Index - Measures (when compared to VCI) levels where clearly buys are interested vs not interested.Example: If VCI > MCI - Shows buyer's are more than interested in buying, you've either hit a bottom or heavy resistanceif MCI > VCI - Show's buyer's aren't interested and will most likely result in a dump/lower priceGreat for monitoring accumulation and distribution, these auto buy and sells look for the transition points over 0, works on EVERY commodity/stock/FOREX/CryptoResults are from trading 1 BTC x25 leveraging. Not all trades will get in if put in at limit, but it does survive with profits after the massive 0.075 fee (results shown are after fees)