CCI Woodies Paterns V1
CCI Woodies Paterns V1 is an indicator for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is the Commodity Channel Index (CCI). This copy is version 1. Its source code uses divergence checks and CCI. It draws arrows on the chart. It has 5 settings, for example fast Period (default 6), slow Period (default 14) and hist Length (default 300). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 1 indicator file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1 · Free
About CCI Woodies Paterns V1
CCI Woodies Paterns V1 is an indicator for MetaTrader 4 based on Divergence and CCI. It draws buy and sell arrows on the chart. It has 5 settings, such as Fast period, Slow period and Hist length. MQL source code included.
Files in the download: CCI_Woodies_Paterns_v1.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Fast period | 6 | Period or timeframe used by the calculation |
| Slow period | 14 | Period or timeframe used by the calculation |
| Hist length | 300 | |
| Step info | Distance between orders | |
| Step | 50 | Distance between orders |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: CCI · Buy/Sell Arrows · Divergence · MT4 Indicator · MQL4 Source Code