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CCI 5 zero line rejection Rate this Topic:
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jicinvest
Posted : Saturday, September 8, 2012 11:44:53 PM
Registered User
Joined: 7/30/2012
Posts: 6

 

Hello,

 

Is there a way I can scan for stocks that have reversed or rejected the zero line on cci indicator?

Bruce_L
Posted : Monday, September 10, 2012 9:54:47 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

It would depend on your particular unambiguous objective definition of "reversed or rejected the zero line". If it is defined as being crossing above or below the zero line between 2-bars ago and 1-bar ago and then crossing back to where it was between 1-bar ago and the current bar, it could be written as:

SGN(H + L + C - AVGH5 - AVGL5 - AVGC5) <> SGN(H1 + L1 + C1 - AVGH5.1 - AVGL5.1 - AVGC5.1) AND SGN(H1 + L1 + C1 - AVGH5.1 - AVGL5.1 - AVGC5.1) <> SGN(H2 + L2 + C2 - AVGH5.2 - AVGL5.2 - AVGC5.2) AND SGN(H + L + C - AVGH5 - AVGL5 - AVGC5) = SGN(H2 + L2 + C2 - AVGH5.2 - AVGL5.2 - AVGC5.2) AND SGN(H + L + C - AVGH5 - AVGL5 - AVGC5) <> 0

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-Bruce
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jicinvest
Posted : Monday, September 10, 2012 12:47:31 PM
Registered User
Joined: 7/30/2012
Posts: 6

Excellent! Thanks for your help, it works great.

Bruce_L
Posted : Monday, September 10, 2012 12:49:29 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

You're welcome.



-Bruce
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