cciavg_sig

Function Name: cciavg_sig

Tags: Crossover

Category: Trend

The Commodity Channel Index is an oscillator used in technical analysis to help determine when an investment vehicle has been overbought and oversold.

The Commodity Channel Index, first developed by Donald Lambert, quantifies the relationship between the asset's price, a moving average (MA) of the asset's price, and normal deviations (D) from that average. The CCI has seen substantial growth in popularity amongst technical investors; today's traders often use the indicator to determine cyclical trends in not only commodities, but also equities and currencies. The CCI, when used in conjunction with other oscillators, can be a valuable tool to identify potential peaks and valleys in the asset's price, and thus provide investors with reasonable evidence to estimate changes in the direction of price movement of the asset. A buy/sell signal occurs when the two CCIs (defined by Fast/Slowperiod) cross.

 

Link:       http://www.investopedia.com/terms/c/commoditychannelindex.asp

 

Period
	Default Value: 20  |  Minimum: 1  |  Maximum: 9999
	Type: Numeric
FastPeriod
	Default Value: 10  |  Minimum: 1  |  Maximum: 9999
	Type: Numeric
SlowPeriod
	Default Value: 20  |  Minimum: 1  |  Maximum: 9999
	Type: Numeric
ShowTraderBar
	Default Value: 0
	Type: Boolean
ShowTraderMark
	Default Value: -1
	Type: Boolean
ShowEachOccurence
	Default Value: 0
	Type: Boolean
UseBullishSignals
	Default Value: -1
	Type: Boolean
UseBearishSignals
	Default Value: -1
	Type: Boolean