CCI - Hull Pre-Filter - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resources
CCI (Commodity Channel Index) is calculated using mean absolute deviation. This version is deviated from this version and uses standard deviation instead of mean deviation. Additionally, in order to filter out some signals of CCI slope changes, it adds the Hull Moving Average as a means of pre-filtering prices before being used in CCI calculations
You can use it as any "normal" CCI, it's just that it should have much less signal when it crosses the neutral line
Attachment download
📎 cci_dhullj.mq5 (17.02 KB)
Source: MQL5 #24290
CCI - Hull Pre-Filtering - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resource Usage and Screening Suggestions
CCI - Hull Pre-Filtering - MetaTrader 5 Script | Trading Script Download - MT4/MT5 resources are trading script related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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