A Multi-Timeframe CCI and Moving-Average Trend Indicator
Summary
This document describes a standalone indicator that combines the Commodity Channel Index (CCI) with a moving average to estimate the direction and strength of the current market trend. It supports four moving-average methods: simple, exponential, smoothed, and weighted. The indicator is presented as a multi-timeframe version that can work without a separate companion indicator.
It supports timeframes available in MetaTrader 5 and describes three special timeframe settings, including automatic higher-timeframe choices that adjust when the chart timeframe changes. The material explains the indicator’s components and timeframe behavior, but it supplies no formulas, parameter settings, chart examples, entry or exit rules, backtest, or performance evidence. Consequently, it is best read as a description of an indicator’s design and configuration rather than a complete trading system. The document also does not explain how CCI and the average are combined, or how the resulting trend estimate should be interpreted in different market conditions.
Key ideas
- The indicator combines CCI with a moving average to estimate trend direction and strength.
- Users can select simple, exponential, smoothed, or weighted moving averages.
- The described tool operates independently and supports multiple chart timeframes.
- Special higher-timeframe settings adjust automatically when the active chart timeframe changes.
- No calculation details, trading rules, or performance evidence are provided.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.