CommodityChannelIndex
Posted by Mohammad Rahhal, Last modified by Diana Alkouni on 14 September 2020 12:37 PM

Syntax

 Public Function CommodityChannelIndex(chart_ID As Integer, period As Integer) As String

Description

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.

Parameters

Key Description 
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, a value of type Integer.

Return value

Returns the handles of a technical indicator, in case of failure returns an empty string.

Sample

Public Sub main()

AlertMessage (CommoditychannelIndex(0,14))

'Draws the indicator on the chart and shows an AlertMessage with the indicator name.

End Sub

See Also


Back to VTL Client Script Index

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