Try TT Now

X_STUDY®

Commodity Channel Index (CCI)

Description

The Commodity Channel Index (CCI) compares the current mean price with the average mean price over a typical window of 20 periods.

Formula

CCI = ( M - A ) / ( 0.015 * D )

Where:

  • M = ( H + L + C ) / 3
  • H = Highest price for the period
  • L = Lowest price for the period
  • C = Closing price for the period
  • A = n period moving average of M
  • D = mean deviation of the absolute value of the difference between the mean price and the moving average of mean prices, M - A
Example