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Published:

2016.02.16 15:04

Updated:

2023.03.29 13:46

cci_on_stepchannel.mq5 (12.37 KB) view

cci_on_stepchannel_htf.mq5 (11.96 KB) view

\MQL5\Include\

smoothalgorithms.mqh (130.19 KB) view

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The CCI_On_StepChannel with the timeframe selection option available in the input parameters:

input ENUM_TIMEFRAMES TimeFrame=PERIOD_H4;  // Indicator chart period (timeframe)

The indicator requires CCI_On_StepChannel.mq5 indicator file. Place it in <terminal_data_folder>\MQL5\Indicators.

Figure 1. The CCI_On_StepChannel_HTF indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/14735

CCI_On_StepChannel

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.

Volatility_Step_Channel_HTF

The Volatility_Step_Channel indicator with the timeframe selection option available in the input parameters.

RJTX_Matches_Smoothed

The indicator helps to determine the beginning and end of trends on the basis of the slope of the "matches" lines and the color of their heads. Each match represents a line between the smoothed open price of a bar and the smoothed close price of the next one.

XEnvelopes

The classic Envelopes indicator which uses the algorithms of universal averaging and fills the channel with a colored background.

CCI_On_StepChannel_HTF - indicator for MetaTrader 5