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Strategies & Market Trends : Technical Analysis- Indicators & Systems
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To: Paul Beattie who wrote (1963)7/9/1997 2:39:00 AM
From: TechTrader42   of 3325
 
You're right -- Bill's charts show that he's been using BradCCI without the parentheses in the divisor. That's why he's getting those high values. he's been building BradCCI from that orginal formula he sketched out.

xt (H+L+C)/3

axt average(close,28) uses simple moving average

md stddev(close,28)

Inputs are: xt, axt and md

Plot Name Formula

Plot1 (xt-axt)/.015*md

Plot2 stddev((H+L+C)/3,28)

Note how Plot 1 could be interpreted to mean without the parentheses here. But I daresay it's an illogical interpretation (Bill, please forgive me!). It has to be based on the traditional formula for CCI:

(Price - MA)/(.015 * MD)

And everyone's up in an airplane, just when we need them. What a mess. I'm going to have disguise myself at TAINJ. They're going to tar and feather me. I'll disguise myself as Spock: "That's illogical. That's illogical."

Brooke
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