Commodity Channel Index (CCI) with Noise Reduction



This is standard Commodity Channel Index (CCI) indicator, however with implemented Noise Reduction mechanism, so it give much less negative sygnals to trade.

 

Indicator input parameters:

CCIperiod – indicator period
Price  (defauld = 4) – price type, allowed numbers:

  • 0 – Price Close value
    1 – Price Open
    2 – Price High
    3 – Pice Low
    4 – Price median value (high+low)/2
    5 – Price typical value (high+low+close)/3
    6 – Price Weighted value (high+low+close+close)/4

Sens – allowed calculating error

Download iCCI.NR Indicator

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