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[amibroker] Re: Want CCI to range from 0 to 100



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I did not know that.  Guess it's obvious that I don't use the CCI
indicator.


--- In amibroker@xxxxxxxxxxxxxxx, "ricko8294_98" <ricko@xxx> wrote:
>
> Except the CCI is not range bound.  Values can go to + or - 200 or 
> even greater.
> 
> So for a value of, say -195 on the Old range - it will end up at -
> 72.5 or thereabouts on your new range.
> 
> Rick
> 
> 
> 
> --- In amibroker@xxxxxxxxxxxxxxx, "MarketMonk777" <dlittner@> 
> wrote:
> >
> > Pretty fancy graphics you have attached.   
> >  
> >  
> > This is a classic engineering problem involving rescaling one range 
> to
> > another.
> >  
> > The basic equation is:
> >  
> > Y = mX = b where 
> > Y is the CCI_N (CCI New 0-100 range)
> > m is the slope
> > X is the CCI_O (CCI Old -100 to 100 range)
> > b is the y offset
> >  
> > Is goes that the New CCI is what we want so it is on the Y axis and 
> the old
> > CCI is what we have and it goes on the X axis.
> >  
> > So the slope is the change in Y over the change is X or:
> > Delta Y = 100 - 0 or 100
> > Delta X = 100 - (-100) or 200
> > so m = 100/200 or 1/2 or .5
> >  
> > the Y offset is the value when x=0 (where does the line cross the Y 
> axis)
> > which is 50.
> >  
> > so the equation is:
> >  
> > CCI_N = ( .5 * CCI_O ) + 50
> >  
> > To test this let's plug in some numbers.
> >  
> > CCI_O = -100
> >  
> > CCI_N = .5*(-100) + 50
> >           = -50 + 50
> >           = 0
> >  
> > CCI_O = +100
> >  
> > CCI_N = .5 * (+100)  + 50
> >           = +50  + 50
> >           = +100
> >  
> > So all you have to do is take the standard CCI indicator and 
> rescale it to
> > the new CCI_N range and plot that instead.
> >  
> > Regards,
> >  
> > Dave
> > 
> >   _____  
> > 
> > From: amibroker@xxxxxxxxxxxxxxx [mailto:amibroker@xxxxxxxxxxxxxxx] 
> On Behalf
> > Of mrdavis9
> > Sent: Monday, July 10, 2006 6:52 PM
> > To: amibroker@xxxxxxxxxxxxxxx
> > Subject: [amibroker] Want CCI to range from 0 to 100
> > 
> > 
> > I would like to have a CCI(50) , and also a CCI(100) that ranges 
> from Zero
> > to 100, in lieu of the typical CCI range of negative 100 to 
> positive 100.
> >  
> > This formula balow comes from Investor/RT Tour
> >  
> > ====================
> > TP = (HI + LO + CL) / 3 
> >     TP stands for Typical Price
> > 
> > MATP = MA(TP, n)
> >     n = CCI Period
> >     MATP stands for Moving Average (Simple) of Typical Price
> >   <http://www.linnsoft.com/tour/techind/images/cciCalc.jpg> 
> >     where n = CCI Period
> >     MDTP stands for Mean Deviation of Typical Price
> >  
> > CCI = (TP - MATP) / (MDTP * 0.015)
> > =====================================
> > I bet that Dingo knows how to  change this formula so that  it will
> > oscillate between zero and 100. 
> >  
> > Later Ron D.
> >
>