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BB_CCI_CrossOver - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

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BB_CCI_CrossOver - indicator for MetaTrader 5

Real author:

Daniel Vieira Costa

Mode indicators. It is based on the Smoothed Commodity Channel Index and Bollinger Bands®. The main idea is the crossover of CCI and its signal line when the price crosses the upper or lower border of the Bollinger Bands. The default time range value is 5 minutes.

The indicator was first implemented in MQL4 and published in the code base on 28.11.2008.

The indicator uses the SmoothAlgorithms.mqh library class (must be copied to terminal_data_folder\MQL5\Include). The use of the class "Average price series for intermediate calculations without using additional buffers" is described in detail in the article.

BB_CCI_CrossOver - indicator for MetaTrader 5

Figure 1 Morphological indicators


Attachment download

📎bb_cci_crossover.mq5 (8.46 KB)

📎 smoothalgorithms.mqh (134.03 KB)

Source: MQL5 #1657

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