This indicator has an option for the user to change the drawing mode. Here, it is exemplified by CCI but it can in fact be similarly applied to any oscillator. The histogram is enhanced with a new parameter “Confirmation (number of bars)” the purpose and application of which are identical to the similar parameter WoodieCCI. Note that this parameter does not affect the line and color fill drawing modes.
MT5 Indicator – Download Instructions
CCI DrawMode is a Metatrader 5 (MT5) indicator and the essence of the forex indicator is to transform the accumulated history data.
CCI DrawMode provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install CCI DrawMode.mq5?
- Download CCI DrawMode.mq5
- Copy CCI DrawMode.mq5 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader 5 Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
- Right click on CCI DrawMode.mq5
- Attach to a chart
- Modify settings or press ok
- Indicator CCI DrawMode.mq5 is available on your Chart
How to remove CCI DrawMode.mq5 from your Metatrader 5 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
Click here below to download MT5 Indicator: