Public Function CommodityChannelIndex(chart_ID As Integer, period As Integer) As String
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.
|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.|
Returns the handles of a technical indicator, in case of failure returns an empty string.
Public Sub main()AlertMessage (CommoditychannelIndex(0,14))'Draws the indicator on the chart and shows an AlertMessage with the indicator name.End Sub
Leave A Comment