IGCommodityChannelIndexIndicator Class Reference
|Inherits from||IGStrategyBasedIndicator : IGFinancialIndicator : IGFinancialSeries : IGSeries : NSObject|
The IGChartView control’s CommodityChannelIndexIndicator is a financial indicator that is used to indentify cyclical trends in a security. The indicator is based on the assumption that securities prices change in cycles that can be identified. It is calculated by dividing difference of the Simple Moving Average of the Typical Price (SMATP) during a given time period with the previous period’s Typical Price (TP) by the product of the Constant and the Mean Absolute Deviation.