CommodityChannelIndexIndicator

CommodityChannelIndexIndicator measures the current price level relative to an average price level over a specific period of time. The indicator can be used to identify overbought and oversold levels.

To set up the indicator you can set its CategoryBinding, HighBinding, LowBinding, CloseBinding, and ItemsSource properties. Additionally, you can control the period (in days) over which the indicator will be applied. To do this set the Period property.

Example 1: Defining CommodityChannelIndexIndicator

<telerik:RadCartesianChart.Indicators>
    <telerik:CommodityChannelIndexIndicator Period="5" 
                                            CategoryBinding="Date" 
                                            HighBinding="High"
                                            LowBinding="Low"
                                            CloseBinding="Close" 
                                            ItemsSource="{Binding Data}"/>
</telerik:RadCartesianChart.Indicators>

Figure 1: CommodityChannelIndexIndicator

Figure 1 shows 2 instances of RadCartesianChart. The top one shows only the candlestick series that displays the original data. The chart on the bottom shows the indicator.

The indicator can be set up the same way as a normal chart series. This is why you can populate it using the same approach as shown in the Data Bind to Data-Object article. You can set the corresponding value binding properties - for example, ValueBinding, CategoryBinding, HighBinding, CloseBinding, etc, and also the ItemsSource.

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