Re: CCI Function

["Eric Svendsen" <esvendsen@xxxxxxxx>]

bob,

great observation concerning divide by 3!
i am not sure i would have noticed.
how about hlc = H+L+C
it is used in two loops.

eric svendsen

----- Original Message ----- 
From: "Bob Fulks" <bfulks@xxxxxxxxxxxx>
To: "Joe S" <jes333@xxxxxxxxxxxx>; "Omega-List@xxxxxxxxxx" 
<Omega-List@xxxxxxxxxx>
Sent: Tuesday, March 01, 2005 7:23 AM
Subject: Re: CCI Function


> At 10:07 AM 3/1/2005, Joe S wrote:
>
> > Could someone please send me the text (not an ELD or ELS) of the CCI 
> > function included in Tradestation 8?
> Here it is.
>
> Bob Fulks
>
> ------------------------
>
>
>
> { Commodity Channel Index }
>
> inputs:
>        Length( numericsimple ) ;  { will get divide-by-zero error if 
> Length = 0 }
>
> variables:
>        Mean( 0 ),
>        AvgDev( 0 ),
>        Counter( 0 ) ;
>
> Mean = Average( H + L + C, Length ) ; { don't have to divide H+L+C by 3, 
> cancels out }
> AvgDev = 0 ;
> for Counter = 0 to Length - 1
>        begin
>        AvgDev = AvgDev + AbsValue( ( H + L + C )[Counter] - Mean ) ;
>        end ;
> AvgDev = AvgDev / Length ;
>
> if AvgDev = 0 then
>        CCI = 0
> else
>        CCI = ( H + L + C - Mean ) / ( .015 * AvgDev ) ;
>
>
> { ** Copyright (c) 1991-2003 TradeStation Technologies, Inc. All rights 
> reserved. **
>  ** TradeStation reserves the right to modify or overwrite this analysis 
> technique
>     with each release. ** }