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CCI Modified

The standard Commodity Channel Index (CCI) indicator uses a Simple Moving Average, which somewhat limits capabilities of this indicator.

The presented CCI Modified indicator features a selection of four moving averages - Simple, Exponential, Smoothed, Linear weighted, which allows to significantly extend the capabilities of this indicator.


Parameter of the standard Commodity Channel Index (CCI) indicator

  • period - the number of bars used for the indicator calculations;
  • apply to - selection from one of seven types of applied price.


Parameter of the CCI Modified indicator

  • period - the number of bars used for the indicator calculations;
  • apply to - selection from one of seven types of applied price;
  • method - selection from four moving averages.
Nork
3491
2016.12.21 07:22 
 

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