This is the Ehlers’ adaptive CCI code. The modified John Ehlers version of the CCI adapt the classical CCI period dynamically adapted to the market cycle. It tends to give more better indication as the CCI indicator itself.
c = 0.5
pri=Customclose
CycPart=c
If Barindex > 5 Then
Smooth=(4*pri+3*pri[1]+2*pri[2]+pri[3])/10
Detrender=(0.0962*Smooth+0.5769*Smooth[2]-0.5769*Smooth[4]-0.0962*Smooth[6])*(0.075*Period[1]+0.54)
REM Compute InPhase & Quadrature Components
Q1=(0.0962*Detrender+0.5769*Detrender[2]-0.5769*Detrender[4]-0.0962*Detrender[6])*(0.075*Period[1]+0.54)
I1=Detrender[3]
REM Advance The Phase Of I1 & Q1 By 90 Degrees
jI=(0.0962*I1+0.5769*I1[2]-0.5769*I1[4]-0.0962*I1[6])*(0.075*Period[1]+0.54)
jQ=(0.0962*Q1+0.5769*Q1[2]-0.5769*Q1[4]-0.0962*Q1[6])*(0.075*Period[1]+0.54)
REM Phasor Addition
I2=I1-jQ
Q2=Q1+jI
REM Smooth The I & Q Components
I2=0.2*I2+0.8*I2[1]
Q2=0.2*Q2+0.8*Q2[1]
REM Homodyne Discriminator
Re=I2*I2[1]+Q2*Q2[1]
Im=I2*Q2[1]-Q2*I2[1]
Re=0.2*Re+0.8*Re[1]
Im=0.2*Im+0.8*Im[1]
If Im <> 0 And Re <> 0 Then
Period=360/ATAN(Im/Re)
Endif
If Period > 1.5*Period[1] Then
Period=1.5*Period[1]
Endif
If Period < 0.67*Period[1] Then
Period=0.67*Period[1]
Endif
If Period < 6 Then
Period=6
Endif
If Period > 50 Then
Period=50
Endif
Period=0.2*Period+0.8*Period[1]
SmoothPeriod=0.33*Period+0.67*SmoothPeriod[1]
Length=Round(CycPart*Period)
MP=(High+Low+Close)/3
Avg=0
For count=0 To Length-1
Avg=Avg+MP[count]
Next
Avg=Avg/Length
MD=0
For count=0 To Length-1
MD=MD+ABS(MP[count]-Avg)
Next
MD=MD/Length
If MD <> 0 Then
ACCI=(MP-Avg)/(0.015*MD)
Endif
Endif
Return ACCI as "Adaptive CCI",0
//indicator from the Kevin Britains archive.