Follow the TREND with Average Down Petes Investing +1 Jul 08 2025

Follow the TREND with Average Down - Petes Investing +1 Jul 08 2025
Welcome to Pete’s investing.

#Trends #averagedown #MovingAverage #CCI #CommodityChannelIndex #divergence #TradingIdea #HeikenAshi

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https://www.patreon.com/petesinvesting

Link to +1 videos:

Which Timeframe to Trade
https://youtu.be/Irdz1vZWZ7U?si=diZ5mad4XCzLEaGn

Adding my indicators to Trading View
https://youtu.be/ta66FNfRPBs?si=KwdGIkESBEqMrs1m

CCI1500 Trend chart setup
https://youtu.be/WxJ1ENt-fsA?si=uoSN-4Wlm7ixHzcs

Money Management
https://youtu.be/IZ8ZeFY2oYI?si=Pj88N-AE0KC53lNc

CHART SETUP
https://youtu.be/0elgZRyY53M?si=QBnKPo19ze7oxxMO

Trading View code:
//SMA20 offset5
study(title="sma", shorttitle="sma", overlay=true)
// Define input variable
sma_period = input(20, title="sma Period")
// Calculate CCI
cci = sma(close, sma_period)
ma5=sma(cci, 20)
ma50=ma5[5]
// Plot SMA
plot(SMA, color=color.black, linewidth=2, title="sma")
plot(ma5, color=color.red, linewidth=2, title="ma5")
plot(ma50, color=color.blue, linewidth=2, title="ma50")

//CCI150 offset6
study(title="CCI", shorttitle="CCI", overlay=true)
// Define input variable
cci_period = input(150, title="CCI Period") // 150 / 1500
// Calculate CCI
cci = cci(close, cci_period)
ma5=sma(cci, 8) // 8 / 50
ma50=ma5[6]
// Plot CCI
plot(cci, color=color.rgb(160, 236, 18), linewidth=2, title="CCI")
plot(ma5, color=color.red, linewidth=2, title="ma5")
plot(ma50, color=color.blue, linewidth=2, title="ma50")