There are so many,but this one is so interesting :)
It is just a renamed cci of level and zone crossing indicator,here in TSD there are so many of this kind,use any one of these.
here is MLADENs alert ver too.
I know that it is cci, but i cant understand the logic behind red and blue zones, it is not just crossing 200 and -200 levels, could you explain? Thanks
There are many crossess of -200 level, but only few highlighted.
It is the CCI and the blue and red peaks appear when CCI + a PA part is bigger or less than 200 or -200 respectively.
I don't really understand following line.
why it is there?
As far as I know, in the original it was (High[i]+Low[i]+Close[i])/3
Someone was altering the code and made it like that