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Date/Time: Mon, 25 Nov 2024 07:30:54 +0000



Post From: [Programming Help] - Modified Lambert CCI

[2024-03-27 14:46:48]
User14953 - Posts: 236
To program a modified CCI indicator

with the modified Typical Price calculated as:
"Typical Price = (Open + High + Low + Close) / 4"

In contrast to the traditional Lambert CCI indicator*, where the Typical Price is calculated as:
"Typical Price = (High + Low + Close) / 3"

The remainder of the formula by best sources and/or
*https://en.wikipedia.org/wiki/Commodity_channel_index