Re: TradeStation Indicators

39
This indicator is filling in some gaps in default tradestation CCI indicator ...
It (the default CCI indicator) uses only typical price for calculation. While it is OK as far as definition is concerned (since, indeed, CCI is defined to use only typical price), there is no reason why we should not use other prices too,. This version adds an option to use any price, but also adds option to have price pre- and pos- smoothing. The more interesting is pre-smoothing (since the lag added by it is minimal), and it helps a lot in filtering some false signals
________________

The example is using period 32 for pre-smoothing. As it is obvious it starts to look much more "tradeable" than the default CCI

 


Who is online

Users browsing this forum: No registered users and 3 guests