Chaloke Smooth CCI
Chaloke Smooth CCI is a specialized Amibroker AFL that utilizes the Commodity Channel Index (CCI) with a smoothing technique for identifying potential trend reversals and overbought/oversold conditions. Traders employing this AFL rely on Amibroker Data Feeder to access real-time market data. By doing so, they can effectively implement the Chaloke Smooth CCI strategy and adapt to changing market conditions to make informed trading decisions.
_SECTION_BEGIN("Chaloke Smooth CCI");
///// Chaloke Smooth CCI //////
x=Param("CCI Period 3 - 50",14,3,50,1);
x1=CCI(x);
Y=Param("Smooth Factor 3 - 15",7,3,15,1);
Y2=DEMA(x1,Y);
Z=Param("Signal Line 3 - 9",3,3,9,1);
Z2=MA(Y2,Z);
Plot(X1,"CCI",colorPink,1);
Plot(Y2,"Chaloke Smooth CCI",colorBlue,4);
Plot(Z2,"Signal",colorRed,4);
PlotGrid(100);
PlotGrid(0);
PlotGrid(-100);
_SECTION_END();