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Boris,
I'm giving you what you want.
But I post this with this disclaimer:
The CCI is a mediocre trading tool at best compared to the kinds of
things you'll find just by looking at price action with support and
resistance and NO INDICATORS. But it's your bank account to blow
out, not mine.
function MeanDev(array, mean, range)
{
result = 0;
for (i=range; i < BarCount; i++)
{
result[i] = 0; // the mean is not 'moving' over the range (outside
the loop)
tm = mean[i];
for (j=0; j < range; j++)
{
result[i] = result[i] + abs(array[i - j] - tm);
}
result[i] = result[i] / range;
}
return result;
}
CCILen = 14;
SMATP = MA(Avg, CCILen);
MD = MeanDev(Avg, SMATP, ZLen);
CalculatedCCI = (Avg - SMATP) / (0.015 * MD);
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