CCI On StepChannel Metatrader 5 Indicator

CCI On StepChannel Metatrader 5 Indicator

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The classic CCI indicator which uses the typical price of the moving average as a data source. This version of the CCI indicator uses the average line of the Volatility Step Channel indicator.

The line is created as a result of “tug of war” between the rising and falling prices.

The indicator uses SmoothAlgorithms.mqh library classes (copy it to MQL5Include). The use of the classes was thoroughly described in the article “Averaging Price Series for Intermediate Calculations Without Using Additional Buffers”.

Originally this indicator has been written in MQL4 and was first published in the Code Base on 23.12.2015.
 

MT5 Indicator – Download Instructions

CCI On StepChannel Metatrader 5 Indicator is a Metatrader 5 (MT5) indicator and the essence of the forex indicator is to transform the accumulated history data.

CCI On StepChannel Metatrader 5 Indicator 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 On StepChannel Metatrader 5 Indicator.mq5?

  • Download CCI On StepChannel Metatrader 5 Indicator.mq5
  • Copy CCI On StepChannel Metatrader 5 Indicator.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 On StepChannel Metatrader 5 Indicator.mq5
  • Attach to a chart
  • Modify settings or press ok
  • Indicator CCI On StepChannel Metatrader 5 Indicator.mq5 is available on your Chart

How to remove CCI On StepChannel Metatrader 5 Indicator.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:
CCI On StepChannel Metatrader 5 Indicator

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