The CCI can be viewed as the current deviation normalized to the standard deviation. ... conveniently enough, the reciprocal of 0.015 is 66.7, which is close enough to one standard deviation of a Gaussian PDF for most technical analysis work.
|Title||:||Cybernetic Analysis for Stocks and Futures|
|Author||:||John F. Ehlers|
|Publisher||:||John Wiley & Sons - 2011-01-06|