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VCI

Variability Channel Index (by vitelot)This is a momentum, trend, as well as a divergence indicator. It is similar to CCI, though it is based on a slow and fast EMA in connection to ATR, which allows to interprete it easily. Both EMAs and ATR have customisable period. Further explanation and basic usage can be found in the comment section inside the script.
Pine Script® indicator
by vitelot
Updated Feb 17, 2019
1010

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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