Woodie's CCI_v5
These the Last of Woodie's CCI [Commodity Channel Index] Pattern indicator
This is a discussion on All about CCI & Variant within the Trading tools forums, part of the Trading Forum category; Woodie's CCI_v5 These the Last of Woodie's CCI [Commodity Channel Index] Pattern indicator...
Woodie's CCI_v5
These the Last of Woodie's CCI [Commodity Channel Index] Pattern indicator
Thanks Tsar.
I was trying to translate some comments etc to the English (as much as I could sorry).
'Translated' indicator attached.
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Woodie'sCCI_v5 indicator (see the first post of the thread) was modified for premium section users (premium section link to download is here). So, finally - we are having the version 5.1 improved especially for finding the ZLR pattern.
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This is interesting indicator found for MT5 which can use used for the scalping: iCCI_NRCandle - indicator for MetaTrader 5.
How to install
- Download 3 files from the link above (smoothalgorithms.mqh, icci_nr.mq5 and icci_nrcandle.mq5).
- Place smoothalgorithms.mqh file in \MQL5\Include\ folder.
- Place icci_nr.mq5 and icci_nrcandle.mq5 to \MQL5\Indicators\ folder, compile those 2 indicators or re-start MT5.
- Open your chart, and attach icci_nrcandle indicator to the chart.
This indicator can be used as a scalping indicator:
- if blue bar in separate window is crossing zero level to above - buy signal; exit is 100 level crossing;
- if red bar in separate window is crossing zero level to below - sell signal; exit is -100 level crossing.
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