Forex CCI Obos Confirmation Indicator
From the Old Kings archive: Forex CCI Obos Confirmation Indicator, an indicator for MetaTrader 4. Its name points to the Commodity Channel Index (CCI). In the code it works with moving averages and CCI. It draws arrows on the chart. It has 3 settings, for example OBOS Length (default 9), CCI Length (default 14) and Arrow Size (default 3). 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 CCI Obos Confirmation Indicator
Forex CCI Obos Confirmation Indicator is an indicator for MetaTrader 4 based on Moving Average and CCI. It draws buy and sell arrows on the chart. It has 3 settings, such as Obos length, Cci length and Arrow size. MQL source code included.
Files in the download: cci_obos_with_confirmation.ex4, cci_obos_with_confirmation.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Obos length | 9 | |
| Cci length | 14 | |
| Arrow size | 3 |
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 · Moving Average · MT4 Indicator · MQL4 Source Code