Adapting CCI to the Volatility Step Channel

Summary

This document describes a variation on the Commodity Channel Index (CCI). Instead of calculating the indicator from the usual typical-price moving average, it uses the average line of a Volatility Step Channel as its input. The channel line is described as reflecting the push and pull between rising and falling prices, so this version combines that price reference with the familiar CCI calculation.

The page identifies the indicator’s author and notes that it was originally written in MQL4 before publication in a trading-platform code library. It provides no performance results, trading rules, or evidence that the modified input improves signals. It also mentions a dependency on a smoothing-algorithms library, which is relevant to implementing the indicator but does not explain its formula in detail. Traders should treat it as an indicator modification to evaluate, rather than a validated standalone strategy.

Key ideas

• The indicator calculates CCI using the Volatility Step Channel average line as its input.
• The channel line is described as balancing the effects of rising and falling prices.
• The document gives implementation context but no entry rules or performance evidence.
• The indicator depends on a separate smoothing-algorithms library.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.