CCI Stochastic Indicator - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
This indicator combines two well-known indicators: CCI and Stochastic.
This is the CCI stochastic indicator. One possible problem that can arise with CCI is avoided when the Stochastic indicator is applied to CCI and the boundaries are within a fixed range of 0 to 100 (CCI actually has no known horizontal boundaries). In this way, trend assessment can also be done using this fact.
Attachment download
📎 cci_-_stochastic.mq5 (9.22 KB)
Source: MQL5 #20915
CCI Stochastic Indicator - MetaTrader 5 Script | Foreign Exchange Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
CCI Stochastic Indicator - 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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