Forex Chart CCI Reversed Indicator
From the Old Kings archive: Forex Chart CCI Reversed Indicator, an indicator for MetaTrader 4. Judging by its name, it is built around the Commodity Channel Index (CCI). In the code it works with moving averages. It has 4 settings, for example CCIPeriod (default 14), Find CCIlv1 (default 100.0) and Find CCIlv2 (default 50.0). 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 Chart CCI Reversed Indicator
Forex Chart CCI Reversed Indicator is an indicator for MetaTrader 4 based on Moving Average. It has 4 settings, such as Cci period, Find cc ilv1 and Find cc ilv2. MQL source code included.
Files in the download: icci_reversed_v1.4m.ex4, icci_reversed_v1.4m.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Cci period | 14 | Period or timeframe used by the calculation |
| Find cc ilv1 | 100.0 | |
| Find cc ilv2 | 50.0 | |
| Show cci0 | 1 |
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 · Moving Average · MT4 Indicator · MQL4 Source Code