Fractal CCI Indicator

butama

Trader
Mar 22, 2019
10
1
24
61
I have found a number of Fractal based indicators for MT5
A while ago I did some strategy testing looking for divergence using Fractal CCI indicator.
The results were very promising, but, I was committed to another project then, and, now find I have time to revisit the idea.
Being a coding illiterate, I have some general coding questions.
1) Is it possible to convert an MT5 indicator to MT4?
2) Is it possible to amend the indicator to show divergences
 

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  • Fractal_CCI.mq5
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Enivid

Administrator
Staff member
Nov 30, 2008
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Odessa
www.earnforex.com
1) Is it possible to convert an MT5 indicator to MT4?

Yes, but this one looks like it has been converted from MT4 to MT5. So, it might be wise to look for the original version first.

2) Is it possible to amend the indicator to show divergences

Yes, but building a divergence indicator is quite difficult. It is probably easier to find an existing divergence indicator and plug this Fractal_CCI into its input.
 

butama

Trader
Mar 22, 2019
10
1
24
61
Yes, but this one looks like it has been converted from MT4 to MT5. So, it might be wise to look for the original version first


Yes, but building a divergence indicator is quite difficult. It is probably easier to find an existing divergence indicator and plug this Fractal_CCI into its input.

Thank you for your response Enivid,
I have searched for sometime for an MT4 version. No joy as yet, hence my post. I will continue to search. I do however set up charts on a demo MT5 and translate trades over to MT4. There is a bundle of similar indicators that I've not seen MT4 versions of.

Interesting, as I said I am completely illiterate when it comes to coding, if you are able to provide some guidance it would be appreciated. I have a number of possible divergence indicators
 

Attachments

  • CCI_Divergence.mq5
    27.4 KB · Views: 10