This is an updated jurik pcci (perfect commodity channel index) with bands. Band options include built in mt4 atr, custom Atr, efficiency ratio adaptive atr, standard error, ema deviation , efficiency ratio adaptive ema deviation, weighted deviation, custom standard deviation - with sample correction, or custom standard deviation - without sample correction.
The atr type bands don't seem that great but maybe someone can find some use.
What is the difference between the CCI and the PCCI?
- The CCI is determined by calculating the normalized difference between the current price and its Moving Average.
- PCCI is determined by the difference between the closing price of a day and its statistical expectation, which is represented by a Digital Filter value.