This is a Jurik based CCI using EMA (Exponential Moving Average) deviation instead of the typical CCI deviation.
The Jurik used is from the Double Smooth Jurik filter with a "Power" feature as seen on some TradingView Jurik Moving Averages. To use the Jurik power, the Power would need to be above
0
or else the Power will be done the usual, internal way.This particular indicator, based off Mladen's initial code, shows that this improved CCI is now quicker and more responsive, offering a smoother experience than the original CCI. Furthermore, it employs Floating Levels (instead of the standard +100 and -100 fixed levels) which will adjust to market volatility, enhancing responsiveness.