MastersOfTrading

MoT - [Analyst] - Smoothed Commodity Channel Index

**THE INDICATOR**

This is our Smoothed CCI . Our Commodity Channel Index is smoothed with Jurik Smooth, with overextended zones and a signal line.


**THE CHART**

EURUSD on the 4HR Time Frame


**ON THE CHART INDICATORS**

- On the chart we have our ATR-filtered Exponential Moving Average . It either plots further away from price or closer to price, the higher or lower the current ATR is compared to recent history.

- Also on the Chart we have our Sessions Indicator which allows you to add backgrounds for certain Trading Sessions so you can have a good gauge what Session is driving the Market.

- Finally on the main chart, we have our Zig Zag Supply/Demand visual indicator.

- In the Bottom Panel we have this Indicator, our Smoothed CCI . Our Commodity Channel Index is smoothed with Jurik Smooth, with overextended zones and a signal line.


**MASTERS OF TRADING**

Many Thanks and Trade Safe!

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Want to use this script on a chart?