CCI – experiment extended – indicator for MetaTrader 5

  • Platform: Metatrader5
  • Currency pairs: Any pairs, indices and metals
  • Trading Time: Around the clock
  • Recommended broker: icmarkets, XM
  • 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)
    • or
      “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
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     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

  • How to install MT5 indicator?
  • 1. On the desktop, double-click to open the MT45 trading platform software you installed.
  • 2. Click on “File” in the upper left corner – “Open Data Folder”, double-click the MQL5 folder, and double-click the Indicators folder
  • 3. Copy the metrics you need to install to the Indicators folder
  • 4. Open MT5, find “Navigator” in the display menu, then click “Technical Indicators” of “Navigator” and right click to refresh, you will see the indicator just copied.
  • 5. In the “Technical Indicators” of “Navigator”, find the indicator file just installed, double click or click manually to the chart window
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