Watch how to download trading robots for free

Find us on Telegram!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Views:

3638

Rating:

(15)

Published:

2018.09.26 12:46

CCI - JMA based.mq5 (16.22 KB) view

Download as ZIP, How to download code from MetaEditor

Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Basics :

Usually CCI is calculated as using average (Simple Moving Average) and mean deviation.

This version :

In this version, average is replaced with well known JMA (Jurik Moving Average) instead for the smoothing phase and the deviation is replaced with EMA deviation. The result in this one is responsive and fast (as expected) and also it is smoother than the original CCI (as expected).

Usage :

You can use the color changes as signals when using this indicator

Multi pass average filter

Super smoother levels

CCI JMA based with floating levels

Juice - EMA deviation

CCI JMA based - indicator for MetaTrader 5