CCI Step Chart - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
CCI (Commodity Channel Index) is a well-known and widely used indicator. Some filtering methods are sometimes used in combination in order to avoid some false signal conditions that CCI may produce in certain markets. This is another version that will try to resolve issues that arise when using filters on CCI
This version uses the step diagram as a filter to reduce the signal generated by the CCI (if possible) for easier and safer use. The step size will be entered as your desired CCI units to be used as a filter for the minimum CCI change that should be considered a significant change
Use the color change of the step bar as a signal
Attachment download
📎 step_chart_-_cci.mq5 (12.4 KB)
Source: MQL5 #22317
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