At this time, purchasing EASY Bot items is not available to all members. Read more - how to get access to purchase
-
- Forex Robot Review
- Metatrader 4
- Indicators
- Commodity Channel Index Corrected
Commodity Channel Index Corrected
As a solution to a largely unnoticed flaw in the Commodity Channel Index Oscillator (CCI), the Enhanced Forex Software emerges as a game-changer in the Forex trading market. The CCI, a widely used tool in market analysis, is based on a high pass filter calculated by a simple moving average subtraction from a price signal. However, this method has shown to produce oscillations that do not correspond to price movements, resulting in undesirable artefacts in the CCI.
Unveiling the Problem: An Unrecognized Defect in CCI
The Enhanced Forex Software was developed to address these artefacts. The usual CCI calculation subtracts the simple moving average of a price signal (generally the typical value) from the price signal itself. The result is divided by the absolute mean deviation of the same period. This approach, as shown in the first screenshot in blue (refer to the free indicator: Q n D Frequency Response), creates oscillations that produce undesired artefacts in the CCI. These artefacts do not correspond to price movements and therefore distort the market analysis.
The Solution: Enhanced Forex Software
By utilising the DC block high pass filter, which has a much cleaner frequency response as shown in white in the first screenshot, the Enhanced Forex Software eliminates the problem of unsightly oscillations in the CCI calculation. The DC blocker is a high pass filter similar to the Biquad high pass filter that features in two free indicators – High Pass Filter Trading Signal and High Pass Filter Candlesticks. This innovative software performs the same CCI calculation for the typical price value, but it uses the DC blocker high pass filter instead of the original oscillation-prone high pass filter.
Comparing the Conventional CCI and the Enhanced CCI
The Enhanced Forex Software can also be used in CCI Mode, which allows for direct comparisons between the conventional CCI and the enhanced CCI. Screenshot 2 presents a comparison for the EUR/USD chart. The thumbs down on the conventional CCI indicates artefacts due to oscillations that do not align well with the price data. These artefacts do not match the standard interpretation of the indicator about crossing level 100 and cannot be eliminated by simply changing the period of the CCI. If they do disappear, then other problems will arise. The CCI mode in this software is limited to periods between 5 and 25.
Benefits of the Enhanced Forex Software
For those involved in Forex trading, this enhanced software is worth considering. It effectively addresses the unrecognised defect in the conventional CCI, providing a more accurate tool for Forex market analysis. This software is unique in that it uses the DC blocker high pass filter, resulting in a more reliable interpretation of price movements.
FAQs
Where can I see independent testing of this product?
Independent testing of this product can be viewed on the forexroboteasy.com website.
Can I subscribe to updates on the results of testing this product?
Yes, you can subscribe to updates on the results of testing this product on the forexroboteasy.com website.
Yes, users are invited to share their experience of using this product.
Please note that this is an independent review of the product. It does not represent the views of the developers nor is it affiliated with them.
CCI Corrected Review: Enhanced Forex Software Solution
forexroboteasy.com
Write review
lisi
1 review
CCI Corrected: In-Depth Review of Forex Trading Software
Before I started using the Commodity Channel Index Corrected software, I was struggling with my trading decisions. The market trends were hard for me to predict, and I was often left in a state of confusion. However, since I started using this software, I've seen a significant improvement in my trading skills. The software's ability to accurately predict market trends has helped me make informed decisions, resulting in profitable trades. The user-friendly interface of the software is another aspect that I absolutely love. It's easy to navigate, and the features are well-organized, making it easy for me to find what I'm looking for. The software also provides real-time data, which is crucial in forex trading. This has helped me stay updated with the latest market trends, enabling me to make timely and profitable trades. The Commodity Channel Index Corrected software also offers excellent customer support. Whenever I've had any issues or queries, the support team has been quick to respond and resolve them. Their professionalism and dedication to customer satisfaction are commendable. The software's accuracy in predicting market trends is truly impressive. It uses advanced algorithms and techniques to analyze the market trends and provide accurate predictions. This has helped me avoid making costly mistakes and instead, make profitable trades. In conclusion, the Commodity Channel Index Corrected software is an invaluable tool for any forex trader. Its accuracy, user-friendly interface, real-time data, and excellent customer support make it the best forex software in the market. I am truly thankful for this software, and I highly recommend it to anyone involved in forex trading. It's not just a software, it's a complete trading solution.