CCIplus is a modification of the commodity channel index with smoothing, pivot point indication and analysis mode selection.

Description

The CCIplus has the following settings:

• Smoothing
• Market entry and exit point indication
• Point determination selection mode
• Usability settings

Indicator operation

It is optimal to use M5-M30.

Testing and refining signals from M1-M5.

A corresponding message is displayed when entering incorrect data. The settings are corrected automatically.

Settings

• CCIperiod - standard CCI calculation period setting.
• P_mode - selection of pivot point determination mode.
• NONE - normal CCI mode with no additional settings considered.
• SIMPLE - indication of points when the CCI exceeds the oversold/overbought levels.
• CROSS - indication of points when the CCI crosses the moving in the oversold/overbought zone.
• FAST_LVL - indication of points when the CCI exceeds the oversold/overbought zones, with the moving in the zone and directed towards the intersection.
• SLOW_LVL - indication of points when the moving crosses the oversold/overbought levels.
• PIVOT_CCI - indication of points during a CCI pivot, with the moving in the oversold/overbought zone.
• PIVOT_SMA - indication of points during a moving pivot in the oversold/overbought zone.
• SMAperiod - smoothing period of the normal CCI. At values less than 2 a message is displayed, and the value is set to 2.
• Showalert - enable/disable sound and visual notification when a point appears.
• HideCCI - enable/disable display of the normal CCI line. At the value true - in the NONE and SIMPLE modes the indicator line is invisible, a notification is displayed.

Integration in the code

Indices of lines and arrows:

0 - CCI (CCI)
1 - moving CCI (CCI+SMA)
2 - red down arrow (SELL), value = 117
3 - green up arrow (BUY), value = -117

Code:

It is not recommended to use a call with the line index 0 in the code. This is equivalent to the iCCI function call.

double x = iCustom(smb,tf,name,cp,pm,sp,sa,hc,li,i);

nclick="viewGallery_GalleryManager.GoToPrev();"> nclick="viewGallery_GalleryManager.GoToPrev();">

ta itemprop="image" content="https://c.mql5.com/31/94/cci-plus-screen-2735.png" />

nclick="viewGallery_GalleryManager.GoTonext();"> nclick="viewGallery_GalleryManager.GoTonext();">