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.
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.
Author: Nikolay Kositsin
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New article Limitless Opportunities with MetaTrader 5 and MQL5 is published:
In this article, I would like to give an example of what a trader's program can be like as well as what results can be achieved in 9 months, having started to learn MQL5 from scratch. This example will also show how...