Abbreviation: CCI Avg
Category: Price Momentum Indicators: Smoothed
Input Parameters:
| Name | Range | Default |
| High Price | High | |
| Low Price | Low | |
| Closing Price | Close | |
| CCI Periods | Int >= 2 | 5 |
| Deviation Multiplier | Real > 0.0 | 0.015 |
| Avg Periods | Int >= 1 | 5 |
Calculation:
Avg(X, Avg Periods)
where
X = CCI(High Price, Low Price, Closing Price, CCI Periods, Deviation Multiplier)
CCI represents Commodity Channel Index (CCI)
Avg represents Simple Moving Average
Discussion:
This indicator attempts to smooth the Commodity Channel Index indicator by calculating its moving average. Since it uses a simple moving average (which gives equal importance to all the periods within the moving average’s time frame), this method of smoothing may cause more of a lag time than the exponential variant.