Typical price's deviation from its 20-bar mean, in Lambert units (±100 band).
Preview
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What it measures
Typical price's distance from its own mean in Lambert units; ±100 is the conventional band.
- Inputs
- Length 20
- Output
- A line, on its own scale
- Feeds
- Entry and exit rules
- Warm-up
- 20 bars before its first reading
- Updates
- When each bar closes
- Filters entries
- No. It’s measured and charted, and doesn’t change which entries are taken.
- Part of
- Commodity Channel Index (CCI)
- Also known as
- CCI