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| JUL 1983
SIDEBAR: Four steps to calculate CCI
The Channel Index can help both stock and commodity traders detect when ""real world conditions,"" such as climate, are affecting seasonal price patterns. The author explains how to calculate as well as use the CCI. By Donald R. Lambert Four steps to calculate CCI 1.Compute today's ""typical"" price using high low and close: X1 = 1/3 (H + L + C) 2. Compute a moving average of the N most recent typical prices:
by Technical Analysis, Inc.
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