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Hi! What's the difference in the CCI-Equis and CCI-Standard algorithm?
Thanks,
Engenhus
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In an old version of MetaStock equis made a mistake in the CCI calculation, but people like it so much that they decided to leave it in the software and called it CCI-Equis.
So CCI-Standard is the original and CCI-Equis is a version that people like ...
Patrick :mrgreen:
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:D :D :lol: That's funny...
But do you know what was the "mistake"? I´m asking because CCIE really seems to provide better results.
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Rank: Member
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No problem. Thanks anyway...
Great Avatar Patrick :smt023
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Here are the formulas:
{CCI-EquisCustom}
Prd:=Input("Periods",2,250,14);
X:=Typ();
Y:=X-Mov(X,Prd,S);
Yad:=Mov(Abs(Y),Prd,S);
Z:=Y/Yad;
ZZIe:=(Z/3)*200;
ZZIe{end}
{CCI-STD cs}
{written by Corey Saxe}
V1:=Input("Periods",2,250,14);
x:=Typical();
y:=Mov(x,V1,S);
z:=Sum(Abs(x-LastValue(y+PREV-PREV)),V1)/V1;
A1:=z*0.015;
ZZI:=(x-y)/A1;
ZZI{end}
enjoy,
Preston
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