cci
The CCI is designed to detect beginning and ending market trends. The range of 100 to -100 is the normal trading range. CCI values outside of this range indicate overbought or oversold conditions. You can also look for price divergence in the CCI. If the price is making new highs, and the CCI is not, then a price correction is likely.
Usage
cci [-l N_LENGTH] [-s N_SCALAR]
Parameters
Name | Parameter | Description | Default | Optional | Choices |
---|---|---|---|---|---|
n_length | -l --length | length | 14 | True | range(1, 100) |
n_scalar | -s --scalar | scalar | 0.015 | True | None |