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Views:: 4133
Rating:: (12)
Published:: 2018.11.20 12:45

CCI_Bar.mq5 (20.2 KB) view

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CCI Bar signal indicator. The indicator displays the colored diagram of CCI indicator status relative to its oversold/overbought levels (above/below/upward crossing/downward crossing).

There are five inputs:

CCI period - CCI calculation period
Overbought - overbought level
Oversold - oversold level
Buy entry level
Sell entry level

In case CCI value is within Overbought/Oversold levels

If CCI values are increasing, blue signal pointers are set
If CCI are falling, orange signal pointers are set

If CCI value is beyond Overbought/Oversold levels, the gray signal pointers are set

If Buy entry level is crossed upwards, the green signal pointer is placed
If Sell entry level is crossed downwards, the red signal pointer is placed

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/23104

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