CCI Squeeze - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
A combination of two well-known indicators (CCI and Moving Average) used to estimate the directional strength of the current market trend.
There are 4 basic types of average lines that can be used (SMA, EMA, SMMA and LWMA).
Attachment download
📎 cci__squeeze.mq5 (13.22 KB)
Source: MQL5 #21205
CCI Squeeze - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
CCI Squeeze - MetaTrader 5 Script | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator 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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