Lnx CCI - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
This is a version of the well-known Woodies CCI, with correctly implemented trend change rules (the "infamous" yellow bars must appear in bars strictly following the woodies rules). Added the slope of ema and LSMA (linear regression values), as colored lines, to add information to decisions when using Woodies CCI (originally they used 3 indicators, but here we have an all-in-one version).
PS: The Woodies CCI system primarily uses only 5-minute charts for trading, therefore, using the default settings, the indicator should be used on 5-minute charts as well. For the use of other time ranges, it is recommended to conduct some parameter experiments to adjust according to the needs of different time ranges
Attachment download
📎 lnx_cci.mq5 (10.92 KB)
Source: MQL5 #16700
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