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Fan CCI Oscillator with a Smoothed Average Line

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Summary

The document describes a Fan CCI indicator displayed as an oscillator alongside a smoothed average line. It combines multiple Commodity Channel Index calculations into a fan, with the indicator normalized to oscillate around a range of plus or minus one. The average line provides a smoother reference for interpreting the indicator’s movement.

Users can configure the initial CCI period, input price, number of CCI series, how periods increase across the fan, the increment coefficient, and the smoothing period and method. Periods can increase through either addition or multiplication. The document is an indicator description rather than a trading system: it supplies no entry or exit rules, market application, performance evidence, or guidance for choosing parameter values. Its usefulness therefore lies in outlining the indicator’s construction and adjustable settings, while any signal interpretation would require separate testing.

Key ideas

  • The indicator combines several CCI calculations into an oscillator fan.
  • Its values are normalized to move within a range centered on zero.
  • A smoothed average line accompanies the oscillator.
  • The fan’s CCI periods can increase additively or multiplicatively.
  • The document gives no trading rules or performance evidence.

Tags

Technical indicatorsStatistics

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