PCCI – indicator MetaTrader 5

FATL_filter
Real author: Vladimir Kravchuk, “New Adaptive Method of Following the Tendency and Market Cycles” PCCI (Perfect Commodity Channel Index) indicator is calculated by the following formula: PCCI(bar) = close(bar) – FATL(bar) where: close(bar) – closed bars prices; FATL(bar) – FATL digital filter. It resembles D. Lambert’s Commodity Channel Index by the method of its calculation.

PCCI – indicator MetaTrader 4

PCCI - indicator for MetaTrader 4
Author: Finware.ru Ltd Quote:It has a certain similarity in the calculation method with the Commodity Channel Index (CCI) by D. Lambert. Indeed, the CCI index is calculated as the normalized difference between the current price and its moving average, and the PCCI v as the difference between the daily closing price and its expected value