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Chartmill Value Indicator
Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=33984
Forum: 38 · Topic 33984 · 1 post(s)
Chartmill Value Indicator
Apprentice · Sun Mar 31, 2013 6:13 am
The Chartmill Value Indicator as described in January 2013 issue of Technical Analysis of Stocks and Commodities. The CVI represents a standardized deviation from a moving average. Chartmill Value Indicator Value Consensus (VC) = MA of Median Price Chartmill Value Indicator CVI = (Close – VC) / ATR Modified Chartmill Value Indicator (MCVI) = (CClose – VC) / (ATR * (Period ^ 0.5))