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Classic Chart Indicators and Studies Find descriptions, formulas, parameters, and other help for the indicators and studies used by the Barchart.com Classic Charting application below. When charting any of the studies, the argument coloring is red, green then blue. For example, on a Moving Average chart [9, 18, 40], the 9 day would be the red line, 18 day would be the green line and the 40 day would be the blue line. The argument order is displayed on the chart next to the study name. Commodity Channel IndexThe Commodity Channel Index is an indicator designed for use in markets that follow definite cyclical patterns. While the CCI does not determine cycle lengths, if you have an idea of cycle length, the CCI can be a valuable timing tool. Donald R. Lambert, who originated the CCI, suggests using a number of periods less than one-third of the cycle length. Using this calculation, seventy to eighty percent of random price fluctuations should fall within the +100% to -100% range. If the CCI yields a value above +100%, a long position may be indicated. When the CCI value falls below +100% closing a long position should be considered. Sample Chart:   TOP
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