STD‑Based CCI (MT5)

STD‑Based CCI augments the classic Commodity Channel Index with standard‑deviation aware bands and smoothing. It keeps the familiar zero / ±100 logic while adapting thresholds to volatility, giving cleaner extremes, earlier flips and actionable alerts in MetaTrader 5.

What it shows

• CCI line around zero — bias by sign; watch ±100 / ±200 style zones.
• STD‑adaptive bands/zones — bands widen in high vol and tighten in low vol to stabilize signals.
• (Optional) arrows/alerts — zone crosses, zero crosses, slope flips and divergence hints.

Trade ideas

1. Trend pullback: with higher‑TF uptrend, buy when CCI pulls from +extreme toward zero then hooks up; mirror for shorts.
2. Flip + first retest: after a zero‑cross, take the first retest of the adaptive mid‑zone that holds.
3. Range mean‑reversion: fade exhausted ±extremes back to zero (seek confirmation).
4. (Optional) Volatility filter: require band expansion → contraction → expansion sequence to time breakouts.

Inputs that matter

• CCI period — responsiveness vs stability.
• STD window / multiplier — adaptivity of zones.
• Smoothing — reduce noise without lag.
• Alerts — zero/zone crosses, slope flips, extremes.
• Colors/widths — quick visual read.

Suggested usage

• M5–M15: intraday pullbacks & quick reversions.
• M30–H4: swing continuations with zone filter.
• Daily+: portfolio regime/bias read.

Installation (MT5)

1. Open MetaTrader 5 → File → Open Data Folder.
2. Copy cci-variation.ex5 to MQL5/Indicators.
3. Restart MT5 (or refresh Navigator) and attach STD‑Based CCI.
4. Tweak inputs → OK.

FAQ

Does it repaint? No on closed bars; crosses confirm at close.
Use in EAs? Yes, via iCustom.
Markets? FX, indices, metals, crypto — anything on MT5.

Disclaimer: Test on a demo account first; risk management is essential.