CCI – experiment extended – indicator for MetaTrader 5
CCI “experiment” with a few things added that can completely modify the way CCI is calculated.
This version can be :
- adaptive (using VHF – vertical horizontal filter – for adapting)
“regular” CCI (no adapting).
Prices can be filtered – using one of the 4
basic average types :
- simple moving average
- exponential moving average
- smoothed moving average
- linear weighted moving average
or “raw” (when there is no price smoothing prior to cci calculation).
There is a choice of :
- floating levels
- quantile levels
- or no
Coloring can be chosen :
- based on outer levels
- based on middle
- or based on cci slope
Indicator is made multi time frame and with alerts (that are synchronized with colors change) already