Forex Fractals CCI Binary Options Strategy
Forex Fractals CCI Binary Options Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. Its name points to Bill Williams fractals (swing highs / lows) and the Commodity Channel Index (CCI). Its source code uses moving averages. It has 8 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: 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 Fractals CCI Binary Options Strategy
Forex Fractals CCI Binary Options Strategy is an indicator for MetaTrader 4 based on Moving Average. It has 8 settings, such as Bands period, Bands shift and Bands deviations. MQL source code included.
Files in the download: Frac with BB.tpl, installation manual.txt, WelchBBWidth.mq4.
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 | |
| Min range percent | 20 | |
| Note1 | How far back to look for Max/Min width | |
| Width calc period | 100 | Period or timeframe used by the calculation |
| Note2 | If TRUE, shows the the Width on a line c | |
| Show width line | false |
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 · Fractals · Binary Options · Moving Average · MT4 Indicator · MQL4 Source Code