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CCI Indicator

The document discusses the Commodity Channel Index (CCI) indicator, including how it is calculated based on typical price and a simple moving average. It notes that CCI8 and CCI34 are commonly used time periods, with CCI34 using approximately 2.72 days of price data for 30-minute charts. The document also explores using different CCI periods like CCI204 on 5-minute charts and finds the results can vary between platforms depending on how the indicator is programmed. Signals and trading rules for the CCI are presented, along with responses to questions about interpreting CCI values and cycles.

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dinesh lalwani
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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109 views

CCI Indicator

The document discusses the Commodity Channel Index (CCI) indicator, including how it is calculated based on typical price and a simple moving average. It notes that CCI8 and CCI34 are commonly used time periods, with CCI34 using approximately 2.72 days of price data for 30-minute charts. The document also explores using different CCI periods like CCI204 on 5-minute charts and finds the results can vary between platforms depending on how the indicator is programmed. Signals and trading rules for the CCI are presented, along with responses to questions about interpreting CCI values and cycles.

Uploaded by

dinesh lalwani
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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CCI_Indicator
Interpretation

Calculation

Usage

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Why CCI8 and CCI34

CCI Assessment

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Thumb Rule
Momentum time is 1/3rd Accumulation time

Intraday Usage
It means CCI 34 30min takes into consideration almost 2.72 days of price movement of stock.

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Entry

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Qn: Can we use CCI(204) 5mins instead of CCI(34) 30mins?


Ans: Theorotically, Yes; however it depends on the software and the way the code is written.

Netdania - Mobile App (Netdania, the mobile app passes the tests CCI204 on 5mins charts didn't cross -100!)

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Investing.com fails the test, CCI204 5mins crosses -100 while CCI34 30mins remains around 32

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Tradingview fails this test, CCI34 30mins is -93 while CCI204 5 mins is -123

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Tradingview custom indicator


It works perfectly fine with the custom MTF indicators. CCI 34 30mins touched -93.02. Also the value changes, unlinke in your case. Reason is click on source for MTF and change ticker (stock only) to tickerid
(stock + exchange)

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Qn: The 'inside box' no cci cycle found for it, just base levels

Ans: Within first box - You will never get a strong crossover. But due to the way CCI calculations are , the first bud is the indication.

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