TYP:= (high+low+near)/3;
CCI:(TYP- Ma (TYP, 14))/(0.015 * Avedev (typ,14)), colored {red}
{CCI:(TYP- Ma (TYP, 14))/(0.015 * avedev (typ,14)), COLORGREEN} {green}
{CCI:(TYP- Ma (TYP, 14))/(0.015 * avedev (typ,14)), COLORYELLOW} {yellow}
{CCI:(TYP- Ma (TYP, 14))/(0.015 * avedev (typ,14)), COLORBLUE} {blue}
CCI homeopathic indicator was created by Donald Lambert, an American stock market analyst, to measure whether the stock price has exceeded the normal distribution. It belongs to a special overbought and oversold index, which fluctuates between positive infinity and negative infinity. But there is no need to take 0 as the central axis, which is also different from the index that fluctuates between positive infinity and negative infinity.
Homeopathic index, also known as CCI index, was put forward by Donald Lambert, an American stock market analyst, in the 1980s. It is a relatively novel technical index. It was first used to judge the futures market, and later used to judge the stock market, and was widely used. Different from most technical analysis indexes invented only by using the closing price, opening price, highest price or lowest price of a stock, CCI index is a unique technical analysis index, which introduces the concept of the average interval deviation between the price and the stock price in a fixed period according to the statistical principle, and emphasizes the importance of the average absolute deviation of the stock price in the technical analysis of the stock market.