Syntax
Public Function CommodityChannelIndex(chart_ID As Integer, period As Integer) As String
Description
The CCI was developed by Donald Lambert. The purpose of this indicator is to identify cyclical turns in commodities.
This indicator oscillates between an overbought and oversold condition and works best in a sideways market.
Parameters
Key | Description |
chart_ID | Chart identifier, 0 is the current chart, a value of type Long |
period | The calculation period, on which the indicator will be calculated, avalue of type Integer. |
Return value
Returns the handles of a technical indicator, in case of failure returns an empty string.
Sample
Public Sub main()AlertMessage (CommoditychannelIndex(0,14))'Draws the indicator on the chart and shows an AlertMessage with the indicator name.End Sub
See Also