Commodity Chanel Index (CCI) ‘In’ Arrow Alert Indicator (MT4 and MT5)

• Version
• Download 634
• File Size 36.92 KB
• File Count 1
• Create Date October 1, 2019
• Last Updated February 27, 2025

Login is required for indicator downloads. Downloads are free for all basic indicators, simply create a new user account and/or login to an existing user account to download. Zip file contains both MT4 and MT5 versions.

Commodity Chanel Index (CCI) 'In' Arrow Alert Indicator (MT4 and MT5)

(Click on image to enlarge)

This indicator will generate an arrow alert whenever the Commodity Chanel Index crosses back 'IN' from below the oversold/bottom level or back 'IN' from above the overbought/top level. The top level indicates a potential Overbought/SELL signal and bottom level indicates a potential Oversold/BUY signal. This Commodity Chanel Index indicator has the oversold/bottom level set to 'Value = -200' and the overbought/top level set to 'Value = 200' by default, however should you wish to use the MT4 default Commodity Chanel Index indicator settings of oversold/bottom level 'Value = -100' and the overbought/top level 'Value = 100' then you can change this in the indicator settings.

This indicator should only be used with or as part of a reliable, consistent working strategy that requires the use of the Commodity Chanel Index (CCI) Indicator.

Notes and recommendations: Works well with ranging markets. Avoid using during 15-20 minutes before and after medium/high impact news and opening hour of major market sessions. Should only be used with a reliable strategy, proper market analysis and added confirmations to suggest high probability win trade. Take caution during NFP (Non-farm payroll) week, try to avoid trading during NFP week.

Arrow Style Types Table: (Go to Arrow Styles Types page for more details and instructions)

Upgrade to Premium Membership: Go to User Account Page