moey_dw wrote: Fri Feb 12, 2021 3:41 pm

owwwww a new indi!!!!! cannot wait 2 try............... sir what is pcci means?? sorry still learning some abreviations!@

Perfect Commodity Channel Index!

Originally by Vladimir Kravchuk. It's calculated by the following formula:

PCCI(bar) = close(bar) – FATL(bar)

close(bar) - closed bars prices;
FATL(bar) - FATL digital filter.



Method of calculation resembles the CCI author's method but why is it called "perfect" CCI?

PCCI is calculated as a difference between closing day price and its expectation (statistical) presented by a FATL value. So therefore, the PCCI is more efficient than CCI.

If I've missed something, Mrtools please add to the post