Skip to content
All library documents

Weighted CCI Indicator Using Fast and Slow CCI and ATR Inputs

Article MQL5 code base
Read the original

Summary

The Weighted CCI is described as a two-line oscillator with fast and slow Commodity Channel Index components. Its calculations incorporate the relationship between fast and slow Average True Range values, with a weighting input intended to control ATR influence. Both CCI lines use a selectable applied price, and the indicator includes configurable overbought and oversold levels.

The document lists ten inputs, covering the two CCI periods, ATR periods, weight, applied price, and four boundary levels. It explains the indicator’s configuration but does not specify the precise formula, provide trading rules, or show empirical results. As a result, it offers a concise description of the tool rather than evidence that it improves signals or trading outcomes; users would need further implementation details and testing to assess its behavior.

Key ideas

  • The indicator plots fast and slow CCI lines in a separate chart window.
  • Its CCI calculations account for fast and slow ATR values through a weight input.
  • Users can configure CCI periods, ATR periods, applied price, and overbought or oversold boundaries.
  • The description provides no explicit trading rules, full formula, or performance evidence.

Tags

Technical indicatorsVolatilityStatistics

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