MetaTrader 4 MT4 Indicators Sig_CCI – indicator MetaTrader 4

Sig_CCI – indicator MetaTrader 4

Description:

The indicator is based on the simple CCI.

When its value crosses 100 from above, it sends a signal to sell.

When its value crosses -100 from below, it sends a signal to buy.

Everything is simple.

It gives a good signals, of course there are some wrong, you can add some filter to filter them.

Also you can open order for the each signal, with SL at 2-3 points higher/lower of the maximal/minimal price of the 2-3 previous candlesticks.

Take Profit value can be set using your vision and greed 🙂

Image:

Editor’s remark:

Note that it’s a mirror translation of the original Russian version.

If you have any questions to the author, suggestions or comments, it’s better to post them there.

Alternative:   Power of JPY - indicator MetaTrader 4
If you have found this code useful for trading or educational purposes, don’t forget to thank author.


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