CCI - Stochastic (CCI-STO) by Mark Mills Tradestation Indicators Forex Trading Systems - XEATrade - Metatrader, Metastock, Tradestation, Amibroker

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Group: Tradestation Indicators

Title: CCI - Stochastic (CCI-STO) by Mark Mills

Description: September 2004 - TradeStation code for the CCI-stochastic indicator (CCI-STO), p. 52 (courtesy of Mark Mills)

Type : Indicator, Name : CCI - Stochastic

{Average(3,(Today's 14-day CCI reading - Lowest 14-day CCI reading 
(over the past 5 periods)/Highest 14-day
CCI reading (over the past 5 periods) - Lowest 14-day CCI reading 
(over the past 5 periods))*100)
CCI-Stochastic}

inputs:
CCILength( 14 ),
HighLowPeriod( 5 ),
Smooth( 3 ) ;

variables:
TodayCCI( 0 ),
TodayLowCCI( 0 ),
TodayHighCCI( 0 ),
CCISto( 0 ) ;
TodayCCI = CCI( CCILength ) ;
TodayLowCCI = Lowest( TodayCCI, HighLowPeriod ) ;
TodayHighCCI = Highest( TodayCCI, HighLowPeriod ) ;
if CurrentBar > Smooth + HighLowPeriod then
begin
CCISto = Average((TodayCCI - TodayLowCCI)/(TodayHighCCI - TodayLowCCI), Smooth );
Plot1( CCISto, "CCISto");
end ;

Author/Source: Mark Mills