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MetaTrader 5 Indicator | WCCI

The Weighted CCI indicator consists of two CCIs (fast and slow), which are calculated taking into account the ratio of two ATRs (fast and slow) and two maximum overbought/oversold levels. The indicator shows two lines in a separate window: the fast CCI line and the slow CCI line.

It has ten input parameters:

  • CCI Fast period - fast CCI calculation period;
  • CCI Slow period - slow CCI calculation period;
  • Weight - influence of ATR values on CCI values;
  • ATR Fast period - fast ATR calculation period;
  • ATR Slow period - slow ATR calculation period;
  • Applied price - price used for the calculation of two CCIs;
  • Overbought max - the maximum overbought value (used in calculations);
  • Overbought - the overbought level;
  • Oversold - the oversold level;
  • Oversold min - the minimum oversold value (used in calculations).

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