Commodity Channel Index Crossover Below

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.
 

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