- Free CCI-based highly effective and easy to use the indicator
- With this CCI indicator, you will be able to detect, predict, trade and benefit from strong market trends.
- Highly accurate prediction of a price direction
- Useful for all markets (forex, commodities, stocks, indices, and others) and timeframes
- Compatibility: MetaTrader 4
- Free monthly updated
How to trade the indicator profitably:
The indicator is based on a very simple but highly effective CCI calculation. The indicator shows the colored line on your charts. The color of the line can be blue or red. The blue color represents strong bullish movements and the red color represents strong downward trends.
Trading the indicator is very simple. You can use the indicator for both market entry and exit. Simply as soon as the color blue turns red, further downside movements could be expected and vice versa.
The flag offers to set the “CCI_factor” setting. The default is 3. To detect longer and more stable trends, CCI_factor = 10 is recommended. But we recommend that you test which value will best suit your trading style and will be more profitable for you.