CC I - experiment extended
This professional-grade solution for MetaTrader 5 helps traders achieve greater efficiency in their daily workflow. This technical indicator acts as a specialized analysis tool designed to visualize market data. It helps traders identify emerging trends, momentum shifts, and key support or resistance levels by plotting statistical calculations directly onto price charts.
How to Setup and Use CC I - experiment extended
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
Description & Settings
CCI "experiment" with a few things added that can completely modify the way CCI is calculated.
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 levels
Coloring can be chosen :
based on outer levels
based on middle level
or based on cci slope
Indicator is made multi time frame and with alerts (that are synchronized with colors change) already
