CCI Failure Swing Strategy (Python)

The CCI Failure Swing is based on the Commodity Channel Index forming a lower high above +100 or a higher low below -100. This inability to make a new extreme often signals the end of the prior trend. The strategy goes long when CCI holds above -100 and turns up, or short when it fails near +100 and turns down. A percent stop keeps risk small and trades exit if the CCI crosses back through the previous swing level.

• Entry Criteria: indicator signal

• Long/Short: Both

• Exit Criteria: stop-loss or opposite signal

• Stops: Yes, percent based

• Default Values:

• CandleType = 15 minute

• StopLoss = 2% [*]Filters:

• Category: Reversal

• Direction: Both

• Indicators: CCI

• Stops: Yes

• Complexity: Intermediate

• Timeframe: Intraday

• Seasonality: No

• Neural networks: No

• Divergence: No

• Risk level: Medium