The Commodity Channel Index (CCI) is an oscillator that measures price variation from the statistical average. Depending on the period 70 to 80 percent of CCI values will fall in the range of -100 to 100.

 

Parameter::

Description:

CCIChannelBars

Number of bars to use in calculating CCI.

 

Setup Example (Click on Images to enlarge):

Commodity Channel Indiex

Commodity Channel Index setup dialog

Commodity Channel Indiex

Commodity Channel Index Zeroline setup dialog

Zeroline plotting line is an optional line that improves in aiding the visibility of the index value crossing from positive to negative.

 

Chart Example (Click on image to enlarge):

Commodity Channel Indiex

Commodity Channel Index Indicator

 

 


 

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