Forex Bollinger Bands Power CCI Indicator
Forex Bollinger Bands Power CCI Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. As the name suggests, the idea behind it is the Commodity Channel Index (CCI) and Bollinger Bands. Its source code uses CCI. It has 4 settings, for example Bands Period (default 20), Bands Shift (default 0) and Bands Deviations (default 2.0). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 2 indicator files 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 · v1.0 · Free
About Forex Bollinger Bands Power CCI Indicator
Forex Bollinger Bands Power CCI Indicator is an indicator for MetaTrader 4 based on CCI. It has 4 settings, such as Bands period, Bands shift and Bands deviations. MQL source code included.
Files in the download: bbands of cci v.0.1.ex4, bbands of cci v.0.1.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Bands period | 20 | Period or timeframe used by the calculation |
| Bands shift | 0 | Bar shift (0 = current bar) |
| Bands deviations | 2.0 | |
| Cci period | 14 | Period or timeframe used by the calculation |
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: Bollinger Bands · CCI · MT4 Indicator · MQL4 Source Code