Smoothed CC I
This tool for MetaTrader 5 is specifically engineered to streamline your trading operations. 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 Smoothed CC I
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
Smoothed CCI indicator.
It has ten input parameters:
CCI period
- calculation period
Applied price
Use pre-smoothing
- use preliminary smoothing (smoothing of prices used to calculate the indicator)
Pre-smoothing period
- preliminary smoothing period
Pre-smoothing method
- preliminary smoothing method
Use post-smoothing
- use resulting smoothing (smoothing of the preliminarily calculated indicator)
Post-smoothing period
- resulting smoothing period
Post-smoothing method
- resulting smoothing method
Overbought
- overbought level
Oversold
- oversold level
Smoothed CCI as compared to standard one, default periods and methods values
Fig. 1. Smoothed CCI, Use pre-smoothing = No, Use post-smoothing = No
Fig. 2. Smoothed CCI, Use pre-smoothing = Yes, Use post-smoothing = No
Fig. 3. Smoothed CCI, Use pre-smoothing = No, Use post-smoothing = Yes
Fig. 4. Smoothed CCI, Use pre-smoothing = Yes, Use post-smoothing = Yes
