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CCI gives different results |
amitrajangulati White Belt
Joined: 27 Jan 2009 Posts: 56
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Post: #1 Posted: Mon Apr 13, 2009 3:26 pm Post subject: CCI gives different results |
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Hi! st / pt sir,
I have a query please ...
On the 60 min charts, the CCI (9) settings in I Charts & J Charts gives different results.
What is the reason & what would be the equivalent of CCI (9) of I Charts for J Charts.
Thanks & regards,
Amit |
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SwingTrader Site Admin
Joined: 11 Aug 2006 Posts: 2903 Location: Hyderabad, India
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Post: #2 Posted: Mon Apr 13, 2009 8:13 pm Post subject: |
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Different charting tools use their own formulae tweaks. The plain image charts use a different charting tool and Jcharts is a different charting tool, that is the reason for the difference. We can customise the plain image charts but jcharts is a "closed" tool, we do not know what formula is used for CCI in it so we can tell you where the problem is.
JCharts could be correct or the plain image charts could be correct. Just stick to one and it should be fine. Little difference won't matter much.
At some point we plan to have a single charting software/program for all our different charting tools. This will make sure same values appear everywhere.
Sorry for the inconvenience.
Regards, _________________ Srikanth Kurdukar
@SwingTrader |
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amitrajangulati White Belt
Joined: 27 Jan 2009 Posts: 56
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Post: #3 Posted: Wed Apr 15, 2009 9:49 am Post subject: |
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Hi! st sir,
Thanks for your reply. Awaiting for the single charting program as the difference is huge
Thanks & regards,
Amit |
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