Indicators: CCI Squeeze Multi Timeframe

 

CCI Squeeze Multi Timeframe:

Combination of two very well known indicators (CCI and moving average) that estimates the direction strength of the current market trend.

Averages that can be used are the basic 4 types (SMA, EMA, SMMA and LWMA).

Compared to the CCI Squeeze indicator, this version is a standalone multi timeframe version (no other indicator is needed for its work).

Timeframes supported are all the possible timeframes supported by MetaTrader 5 and it has 3 "special" timeframes:

  • Next higher timeframe: first higher timeframe compared to active chart.
  • Second higher timeframe: second higher timeframe compared to active chart.
  • Third higher timeframe: third higher timeframe compared to active chart.

If some of these 3 timeframes are used, then the timeframe is set automatically as you change the timeframe of the chart.

Author: Mladen Rakic

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