CCI - Commodity Channel Index
The CCI (Commodity Channel Index) Amibroker AFL is a crucial tool for traders using Amibroker data. It calculates CCI, a momentum-based indicator, helping traders identify potential trend reversals and overbought or oversold conditions. By analyzing Amibroker data with CCI, traders can make informed decisions, enhancing their trading strategies.
_SECTION_BEGIN("CCI");
Plot( CCI( 14 ), "CCI", colorRed, styleThick );
Plot(80,"",colorWhite,styleDashed);
Plot(0,"",colorRed,styleDashed);
Plot(-80,"",colorWhite,styleDashed);
Cc = CCI(14);
PlotOHLC( Cc,Cc,80,Cc, "", IIf( Cc > 0, colorGreen, colorRed ), styleCloud | styleClipMinMax, -80, 80 );
Buy = Cross(Cc,80);
Sell = Cross(-80,Cc);
//PlotShapes (Buy*shapeUpArrow,colorRed);
//PlotShapes (Sell*shapeDownArrow,colorRed);
_SECTION_END();