CCI Averages Pre-Filtered Indicator for MetaTrader 5
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
This is the rate given by Metatrader community
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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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