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Forex CCI Squeeze Trading Indicator

Forex CCI Squeeze Trading Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. Its name points to the Commodity Channel Index (CCI). Its source code uses moving averages and ATR. It draws arrows on the chart and can send alerts. It has 8 settings, for example CCIPeriod (default 14), Apply To (default 5) and BBPeriod (default 20). 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 Squeeze Trading Indicator

Forex CCI Squeeze Trading Indicator is an indicator for MetaTrader 4 based on Moving Average and ATR. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 8 settings, such as Cci period, Apply to and Bb period. MQL source code included.

Files in the download: CCISqueeze.ex4, CCISqueeze.mq4, installation manual.txt.

Settings

SettingDefaultWhat it does
Cci period14Period or timeframe used by the calculation
Apply to5
Bb period20Period or timeframe used by the calculation
Bb deviation2.0
Kc period02Period or timeframe used by the calculation
Kc factor1.5
Alert boxfalseTurn this alert on or off
Audio alertfalseTurn this alert on or off

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the indicator from the Navigator onto a chart and adjust the settings.

Download the PDF guide

Tags: CCI · Buy/Sell Arrows · Alerts · Moving Average · ATR · MT4 Indicator · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria