Its calculation is based on CCI and a fixed value of that indicator:
- if CCI value<-fixed value you're in a short trend (red bars);
- if -fixedvalue<=CCI<=+fixedvalue you are in a non trend/flat period (black bars);
- if CCI>fixed value you're in a long trend period (blue bars);

In this version created by me you can customize:
- the fixed value (standard setting is 37)
- CCI period (stardard settings are 21 or 35)
- uptrend/flat trend/downtrend bar color

Hi,

I am not an elite member so I do not have access to the version 7 indicator. However, I did create an "XTL" indicator in NT8 using the description given:



In the original AdvancedGET manual, using a 35 period setting was stressed as the best in order to avoid most false signals. I have no idea where the fixed value of 37 comes from or if the original indicator was based on the CCI.

Mark