Smoothing a CCI Volume Histogram and Its Thresholds

Summary

This document describes a CCI histogram indicator that adds averaging to the histogram and to its dynamic overbought and oversold levels. Its inputs allow the user to set the CCI period, applied price, volume type, threshold levels, smoothing method and depth, and horizontal shift. The smoothing method also accepts a phase parameter whose interpretation varies by algorithm.

The document provides configuration details but no trading rules, performance results, or empirical comparison. It points to a supporting smoothing library and a separate explanation of the averaging classes, so operating the indicator depends on that external component. The stated settings alone do not establish how signals should be interpreted or whether the added smoothing improves decisions. Traders would need to define signal rules and evaluate them on relevant data before drawing conclusions.

Key ideas

• The indicator smooths the CCI volume histogram and its dynamic threshold levels.
• Inputs control the CCI period, price, volume, threshold values, and smoothing settings.
• The selected smoothing algorithm affects how its phase parameter is interpreted.
• The document gives no signal rules or evidence of trading performance.

Tags

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