Forex Support Resistance CCI Trading Strategy
Forex Support Resistance CCI Trading 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 support / resistance levels. Its source code uses moving averages, CCI and a trend filter. It draws arrows on the chart, can send alerts and can read another timeframe. It has 18 settings, for example Time Frame (default 60), Count Periods (default 20) and Time Period (default D1). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 8 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 Support Resistance CCI Trading Strategy
Forex Support Resistance CCI Trading Strategy is an indicator for MetaTrader 4 based on Moving Average, CCI and Trend. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 18 settings, such as Time frame, Count periods and Time period. MQL source code included.
Files in the download: #MTF_Trendenvelopes_66.mq4, #MTF_Trendenvelopes_v2~.mq4, AllPivots_v2.mq4, CCI CustomCandles.mq4, installation manual.txt, support and resistance with cci.tpl, Support and Resistance.ex4, SupportResistance~.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | 60 | Period or timeframe used by the calculation |
| Count periods | 20 | Number of bars in the calculation |
| Time period | D1 | Period or timeframe used by the calculation |
| Plot pivots | true | |
| Plot middle | true | |
| Plot camarilla | false | |
| Cci period | 14 | Period or timeframe used by the calculation |
| Cci price | 0 | |
| Overbought | 75 | |
| Oversold | -75 | |
| Iiiiiiiiii | TimeFrame current=0 m1=1 m15=15 | |
| Iiiiiiiiiii | m30=30 h1=60 h4=240 d1=1440 | |
| Iiiiiiiiiiii | w1=10080 mn1=43200 | |
| Ma period | 2 | Period or timeframe used by the calculation |
| Ma method | 3 | |
| Use signal | 0 | |
| Alert mode | 0 | Turn this alert on or off |
| Warning mode | 0 |
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: Support & Resistance · CCI · Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · Moving Average · Trend · MT4 Indicator · MQL4 Source Code