Skip to content
All library documents

DayCCI Sets the CCI Period from the Current Day’s Bar Count

Article MQL5 code base

Summary

DayCCI is a Commodity Channel Index indicator whose calculation period adjusts automatically to the number of bars in the current day. It is presented for use across chart timeframes from one-minute to daily.

The document recommends using the indicator to inform intraday trading decisions. It notes that calculation may take some time when the indicator is first started. No entry or exit rules, formulas, performance results, or risk controls are provided, so the description explains the indicator’s period-setting concept but does not establish whether it improves trading decisions.

Key ideas

  • DayCCI automatically sets its CCI period using the current day’s bar count.
  • The indicator is described for timeframes ranging from one-minute to daily.
  • Its stated use is to support intraday trading decisions.
  • Initial calculation may take time, and no performance evidence or trading rules are given.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.