Combination of two very well known indicators (CCI and moving average) that estimates the direction strength of the current market trend.
Averages that can be used are the basic 4 types (SMA, EMA, SMMA and LWMA).
Compared to the CCI Squeeze indicator, this version is a standalone multi timeframe version (no other indicator is needed for its work).
Timeframes supported are all the possible timeframes supported by MetaTrader 5 and it has 3 “special” timeframes:
- Next higher timeframe: first higher timeframe compared to active chart.
- Second higher timeframe: second higher timeframe compared to active chart.
- Third higher timeframe: third higher timeframe compared to active chart.
If some of these 3 timeframes are used, then the timeframe is set automatically as you change the timeframe of the chart.
Similar MetaTrader Trading Tools:
