Double CCI With SMA is a free mt4 (Metatrader 4) indicator that provides scalpers and day traders with great entry and exit signals for any currency pair.
The indicator appears in a separate MT4 chart window in the form of a green and orange colored trend oscillator.
Trade Idea
- A buy signal occurs as soon as the green trend bars cross the 0.00 level bottom-up.
- A sell signal occurs as soon as the orange trend bars cross the 0.00 level top-down.
For scalping purposes, the indicator tends to work the best during the London and American trading sessions.
The indicator works equally well for all Forex pairs and shows promising results if used correctly.
Free Download
Download the “DoubleCCI-With_SMA.mq4” indicator for MT4
Indicator Example Chart (EUR/USD H1)
The example chart below displays the Double CCI With SMA mt4 indicator in action on the trading chart.
Tips:
Feel free to use your own favorite trade entry, stop loss and take profit method to trade with the Double CCI With SMA Forex indicator.
As always, trade in agreement with the overall trend and practice on a demo account first until you fully understand this indicator.
Please note that even the best trading indicator cannot yield a 100% win rate over long periods.
Indicator Specifications & Inputs:
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Trade Style: Works for scalping, day trading and swing trading
Input Parameters: Variable (inputs tab), color settings & style
Indicator type: Trend oscillator
Does the indicator repaint? No.
Download Now
Download the “DoubleCCI-With_SMA.mq4” indicator for Metatrader 4
