Forex Coulored CCI Trading Strategy
From the Old Kings archive: Forex Coulored CCI Trading Strategy, an indicator for MetaTrader 4. As the name suggests, the idea behind it is the Commodity Channel Index (CCI). In the code it works with CCI. It has 4 settings, for example A period (default 50), B period (default 12) and neutral (default 6). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 · v1.0 · Free
About Forex Coulored CCI Trading Strategy
Forex Coulored CCI Trading Strategy is an indicator for MetaTrader 4 based on CCI. It has 4 settings, such as A period, B period and Neutral. MQL source code included.
Files in the download: ColouredWoodiesCCI.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| A period | 50 | Period or timeframe used by the calculation |
| B period | 12 | Period or timeframe used by the calculation |
| Neutral | 6 | |
| Num bars | 5000 |
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 · MT4 Indicator · MQL4 Source Code