Lipi Reference Lipi

Functions

talib.cci()

Commodity Channel Index for `source` over `length` bars. The source is an argument rather than a fixed price, so the index can be run on anything a script computes.

Syntax

                talib.cci(series float source, series int length) → series float
              

Arguments

source required series float The series the index is calculated on.
length required series int How many bars the calculation covers.

Return Type

series float

Example


          indicator("CCI Indicator", overlay=false)
// User inputs
length = input(20, title="CCI Length")
// Compute CCI
cciValue = ta.cci(close, length)
// Plot CCI
plot(cciValue, title="CCI", color=color.blue, linewidth=2)
// Overbought/Oversold Levels
hline(100, "Overbought", color=color.green)
hline(0, "Neutral", color=color.gray)
hline(-100, "Oversold", color=color.red)