CCI with AMA filtering MT5
- Indicators
- Sergey Efimenko
- Version: 1.3
- Updated: 12 July 2022
- Activations: 10
I offer you CCI indicator (oscillator) with additional filtration by means of the Adaptive Moving Average (АМА).
This technical indicator determines the strength or weakness of Bullish and Bearish trends. Its principle is based on the analysis of the current change in the deviation of the price from its average value for a given period with the filtering of the obtained values using the Kaufman algorithm, built on the basis of an exponentially smoothed moving average and an original method for determining and applying volatility as a dynamically changing smoothing component.
I also added a function of multicolor line display of increase and decrease by means of lines or dots at the discretion, moreover, you can also highlight line values located below the specified minimum level or above the specified maximum level.
Parameters:- PeriodCCI - period K of CCI oscillator
- PriceCCI - CCI oscillator used price mode
- MaximumLevel - maximum level value
- MinimumLevel - minimum level value
- ShowColoredAMA - enable / disable colored signal line display
- ShowArrowsUpDn - enable / disable colored signal line display in the form of dots
- ShowUnderLevelsExtremums - enable / disable highlighting signal line values which are out of minimum and maximum levels
- PeriodAMA - АМА smoothing period
- FastestAMA - period of fast АМА
- SlowestAMA - period of slow АМА
- dSMT - power for АМА calculation
- MethodAMA - АМА smoothing period
- ArrowUp - code of the signal line growth symbol
- ArrowDn - code of the signal line fall symbol
- ArrowExt - code of highlighting signal line values which are out of minimum and maximum levels
- AddDigits - increase of decimal places in indicator values