FREE PINE SCRIPT - DAY TRADING STRATEGY

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// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/ // © nostawft

//@version=5 // This is a basic script for adding buy and sell signals based on CCI values

// CCI Indicator cci = ta.cci(close, 120)

// Buy Signal buy = ta.crossover(cci, 0) plotshape(buy, style=shape.labelup, location=location.belowbar, color=color.new(color.green, 0), size='small', text='BUY', textcolor=color.new(color.green, 0))

// Sell Signal sell = ta.crossunder(cci, 0) plotshape(sell, style=shape.labeldown, location=location.abovebar, color=color.rgb(243, 79, 9), size='small', text='SELL', textcolor=color.new(color.red, 0))

// Short Position if sell strategy.entry('Short', strategy.short)

// Cover Position if buy strategy.close('Short')

// Adding strategy function call strategy('CCI Buy Sell Short Cover', overlay=true, initial_capital=100000, calc_on_order_fills=1, pyramiding=10, default_qty_type=strategy.cash, default_qty_value=2000)

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