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Re: CCI indicators for MT4

太虚一毫, Thu May 19, 2022 11:56 am

太虚一毫 wrote: Thu May 19, 2022 11:38 am Maybe someone else hasn't seen what Mladen Rakic said:
This indicator is one of the series of "experiments"

even though it is named CCI, it is not actually CCI
the calculating method is changed significantly compared to original CCI which make the usage as it is usual for classical version (via fixed levels) obsolete
for that reason a sort of dynamic levels are added (a sort of Donchian channel levels added)
basic types of averages can be used :
for main calculation
for price smoothing (as a possible method of signals filtering without significant lag addition)

The point is:

The calculation method has changed significantly compared to the original CCI, which makes the usage of the classic version (through a fixed level) obsolete
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