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Views:: 4116
Rating:: (20)
Published:: 2017.01.19 17:05

CCI_Histogram_Round.mq5 (14.45 KB) view

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Standard CCI oscillator implemented as a histogram rounding its values to the standard range:

1 — no rounding;
2 — all values divided by two;
5 — all values divided by five;
10 — all values divided by ten;
20 — all values divided by twenty;
50 — 0, 50, 100 etc.

For all CCI values less than zero, rounding occurs to the lower side, while for all CCI values exceeding zero — to the greater one.

The following input is used for rounding in the indicator:

input ENAM_ROUND_MODE Round=X10; // rounding level

Fig.1. CCI_Histogram_Round indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/16869

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CCI_Histogram_Round - indicator for MetaTrader 5