CCI Averages Pre-Filtered Indicator for MetaTrader 5

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Description of the indicator

This free indicator has been designed to smooth out the roughness of the CCI traditional indicator.

The main point here is is not to smooth the result, but to filter the price first and then to use those prices in CCI calculation.

The results of this filtering process are quite good.

Real author: Mladen Rakic

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How to install custom indicators in Metatrader 5

  • Download the MQ5/EX5 file into your C:\Program Files\MetaTrader 5\MQL5\Indicators folder

  • If you download the zip file, unzip it and locate the MQ5 file in C:\Program Files\MetaTrader 5\MQL5\Indicators

  • Double-click on the file, the Mq5 editor will open and hit “Compile

  • Restart your MetaTrader 5 application

  • On the left hand side, look for the “Navigator” window and under the “Indicators” tab you should find the Indicators

  • Drag (Click and drag) the indicator onto the chart

  • Choose your settings and click OK

 

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CCI Averages Pre-Filtered

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