Abbreviation: CCI Crossover Below
Category: Crossover & Breakout Identification
Input Parameters:
Name | Range | Default |
High Price | High | |
Low Price | Low | |
Closing Price | Close | |
CCI Periods #1 | Int >= 2 | 5 |
Deviation Multiplier #1 | Real > 0.0 | 0.015 |
CCI Periods #2 | Int >= 2 | 10 |
Deviation Multiplier #2 | Real > 0.0 | 0.015 |
Calculation:
If (X < Y) and (most recent previous period where X did not equal Y, X was greater than Y) then 1
Otherwise 0
X = CCI(High Price, Low Price, Closing Price, CCI Periods #1, Deviation Multiplier #1)
Y = CCI(High Price, Low Price, Closing Price, CCI Periods #2, Deviation Multiplier #2)
CCI represents Commodity Channel Index (CCI)
Discussion:
Indicates the period when one Commodity Channel Index line has just crossed below another Commodity Channel Index line.