CCI

The Commodity Channel Index (CCI) is a timing tool that works best with seasonal or cyclical contracts. It keeps trades neutral in a sideways moving market, and helps get in the market when a breakout occurs.

The Commodity Channel Index (CCI) is calculated by first determining the difference between the mean price of a commodity and the average of the means over the time period chosen. This difference is then compared to the average difference over the time period (this factors in the commodity's own inherent volatility). The result is then multiplied by a constant that is designed to adjust the CCI so that it fits into a "normal" trading range of +/-100.

Syntax:

Public Function CCI(ByVal HLOCV()() As Double, ByVal Method As axltaMovingAverageType, ByVal Lag As Long) As Double

Parameters:

  • ByVal HLOCV()() As Double
  • ByVal Method As axltaMovingAverageType
  • ByVal Lag As Long

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Example:

 

    Dim TA4Net As New TA4Net.CTAFunctions("YOUR-REGISTRATION-CODE")

    Dim Result() As Double

    Dim HLOCV(,) As Double

 

    ' loading values to array

      HLOCV = GetHLOCVValues()

    ' calculating Technical Analysis function

    Result = TA4Net.CCI(HLOCV, TA4Net.axltaMovingAverageType.axltaMovExponential, 14)

 

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