Reversal Momentum Scalping System With CCI And RSI
Reversal Momentum Scalping System With CCI And RSI — a MetaTrader 4 indicator kept in the Old Kings collection. As the name suggests, the idea behind it is price momentum, the RSI oscillator (overbought / oversold zones) and the Commodity Channel Index (CCI). It has 40 settings, for example Indicator On (default true), Use For Forex (default true) and Use Day Formula (default true). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 Reversal Momentum Scalping System With CCI And RSI
Reversal Momentum Scalping System With CCI And RSI is an indicator for MetaTrader 4. It has 40 settings, such as Indicator on, Use for forex and Use day formula. MQL source code included.
Files in the download: Reversal Momentum scalping system with CCI and RSI\a-tct, bb, cci, pivotal, ifra, Reversal Momentum scalping system with CCI and RSI\i-FractalsEx.ex4, Reversal Momentum scalping system with CCI and RSI\PivotsD_v5.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Indicator on | true | |
| Use for forex | true | |
| Use day formula | true | |
| _ | ||
| Part 1 | Session Box Settings: | |
| Show today box | true | |
| Today box color | C'249,249,249' | Colour on the chart |
| Show yesterday box | true | |
| Yesterday box color | C'239,239,239' | Colour on the chart |
| __ | ||
| Part 2 | Day Candle & Price Label Settings: | |
| Show day candle | true | |
| Show price label | true | |
| Price label static color | Blue | Colour on the chart |
| Price label up color | MidnightBlue | Colour on the chart |
| Price label down color | MidnightBlue | Colour on the chart |
| Price label pointer color | MidnightBlue | Colour on the chart |
| Price label font style | Arial Bold | |
| Price label font size | 12 | |
| Shift price label right | 20 | Bar shift (0 = current bar) |
| Shift day candle right | 24 | Bar shift (0 = current bar) |
| ___ | ||
| Part 3 | Pivot Line Settings: | |
| Note1 | Start with fullscreen lines, enter '1' | |
| Note2 | Start lines at Day Separator, enter '2' | |
| Note3 | Start lines at current candle, enter '3' | |
| Start lines | 2 | |
| End lines at current candle | false | |
| Central pivot color | MidnightBlue | Colour on the chart |
| Cp line style 01234 | 0 | |
| Cp solid line thickness | 2 | |
| Resistance pivots color | MidnightBlue | Colour on the chart |
| R line style 01234 | 0 | |
| R solid line thickness | 2 | |
| Support pivots color | MidnightBlue | Colour on the chart |
| S line style 01234 | 0 | |
| S solid line thickness | 2 | |
| Show mid pivots | true | |
| Mid pivots color | MidnightBlue | Colour on the chart |
| M p line style 01234 | 2 |
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: Scalping · RSI · CCI · Momentum · MT4 Indicator · MQL4 Source Code