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Indicators

MT5 CCI with shift parameter - indicator for MetaTrader 5

Conor Mcnamara
Views:
3892
Rating:
(6)
Published:
2023.10.20 23:51
Download as ZIP, How to download code from MetaEditor
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A simple extension to the CCI indicator using the iCCI function call. Now you have a shift parameter which will shift the plot by user defined bars.

This is somewhat an educational code as it reveals how to apply a shift feature to any indicator based on shifting the buffer index.

When you use [i + shift], you are effectively shifting the index forward in the buffer. This means you are accessing values in the buffer that are ahead (in terms of bars) of the current bar i. 
Visually speaking, it moves the plot from right to left.


No shift

Shift applied


The "Test_CustomCCI" script shows how the indicator can be utilized with iCustom. 

Place both files in the Indicators/Examples folder and compile CCI_withShift before compiling the other file. They will both show as usable indicators in the software.





























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