Forex PA Channel CCI Binary Options Strategy
Forex PA Channel CCI Binary Options Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around the Commodity Channel Index (CCI) and price channels. Its source code uses CCI. It has 3 settings, for example CCIPeriod (default 20), CCILevel Up (default 90) and CCILevel Dn (default -90). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 3 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 PA Channel CCI Binary Options Strategy
Forex PA Channel CCI Binary Options Strategy is an indicator for MetaTrader 4 based on CCI. It has 3 settings, such as Cci period, Cci level up and Cci level dn. MQL source code included.
Files in the download: ColorCCI.ex4, ColorCCI.mq4, installation manual.txt, price action binary system.tpl, PriceChannel.ex4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Cci period | 20 | Period or timeframe used by the calculation |
| Cci level up | 90 | |
| Cci level dn | -90 |
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 · Channels & Envelopes · Binary Options · MT4 Indicator · MQL4 Source Code