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<SPAN
class=964101617-01072004>According the the help for the CCI
function:
<SPAN
class=964101617-01072004>
<SPAN
class=964101617-01072004>"CCI uses internally 'Avg' built-in price
array.'Avg' is also known as typical price:Avg = ( H + L + C )
/3"
<SPAN
class=964101617-01072004>
<SPAN
class=964101617-01072004>So as far can see, the built in CCI already is doing
what Woodie's CCI does in that respect.
<SPAN
class=964101617-01072004>
<SPAN
class=964101617-01072004>I did see the 0.015 factor mentioned on the Woodie's
site, but I don't understand what that's about. How does that "normalize"
anything? The plots of Woodie's CCI show it running in the same range that I'm
used to seeing for CCI values; it doesn't look like it was multiplied it by
0.015. Do you have more info on this?
<SPAN
class=964101617-01072004>
<SPAN
class=964101617-01072004>Dave
<BLOCKQUOTE
>Many
thanks for your reply. I read the description of CCI function at the AB
website. As I understood it, the CCI function in AB calculates the price
based on closing price (CLOSE) and the other function CCIa uses H+L+C/3
(average of High, Low, and Close price values). Woodie uses CCI that is
based on H+L+C/3. In order to be consistent I want to use H+L+C/3. I will
be grateful if you can tell me how to modify the code you have described
to:1) plot the CCI based on H+L+C/32) eliminate the Turbo CCI
(i.e. the 6 period CCI)Can you also tell me if the CCI and CCIa
function in AB use the 0.015 factor in their calculation to "normalise"
the CCI?Many thanks in
advance.Sincerely,Rama.
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