About the Double CCI with SMA Indicator
The Double CCI with SMA indicator combines two Commodity Channel Index (CCI) calculations with a Simple Moving Average (SMA) trend filter to deliver a compact momentum-and-trend tool for MT4.
One CCI is configured for fast sensitivity to capture short-term momentum shifts, while the second is set slower to show the underlying medium-term momentum.
The SMA provides context — it helps you determine whether the market is trending or range-bound and which signals to prefer.
This hybrid approach reduces false signals common when a single momentum oscillator is used alone.
The indicator plots both CCI lines, highlights crossovers, and displays SMA direction and slope.
It is suitable for intraday and swing traders working on M1 to H4 timeframes and is easy to pair with price-action confirmation.
Free Download
Download the “DoubleCCI-With_SMA.mq4” indicator for MT4
Key Features
- Twin CCI modules — fast and slow — for multi-horizon momentum reading.
- SMA trend filter to prefer signals aligned with the prevailing trend.
- Visual crossover alerts and optional popup/notification signals.
- Configurable CCI periods, SMA length, and signal sensitivity.
- Histogram option to show the difference between fast and slow CCI for clearer divergence spotting.
- Built-in overbought/oversold shading areas and level lines at standard CCI thresholds (±100, ±200).
- Works across multiple timeframes and instruments with low CPU usage.
- Free download with default presets optimized for forex majors.
Indicator Chart (EUR/USD H1)
The example chart below displays the Double CCI with the SMA MT4 indicator in action on the trading chart.
Buy & Sell Guidelines
- 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.
Double CCI with SMA + X Super Trend Candles MT4 Strategy
This MT4 strategy combines the Double CCI with SMA indicator for momentum and trend context, with the X Super Trend Candles for easy-to-read price direction.
The Double CCI with SMA helps you see when momentum aligns with the moving average, while the X Super Trend Candles highlight when the market shifts trend.
Together, they create a structured system for entries, exits, and trade management.
Intro
The strategy works well on H1 and H4 for swing trading, and on M30 for intraday setups.
It is best for traders who prefer a rule-based approach with visual confirmation.
The method ensures that trades are only taken when both momentum and trend are in agreement, which filters out many false signals in sideways markets.
Buy Entry Rules
- Super Trend Candles flip bullish (green).
- Fast CCI crosses above zero.
- Slow CCI is rising and positioned above its SMA line.
- Stop loss below the recent swing low.
- Take profit at 1.5:1 R:R or trail position with Super Trend candles.
Sell Entry Rules
- Super Trend Candles flip bearish (red).
- Fast CCI crosses below zero.
- Slow CCI is falling and positioned below its SMA line.
- Stop loss above the recent swing high.
- Take profit at 1.5:1 R:R or trail position with Super Trend candles.
Advantages
The strategy combines the strengths of two tools.
The CCI offers momentum confirmation, while the Super Trend Candles give a visual map of trend direction.
This combination helps traders avoid countertrend trades and provides an easy method to trail stops.
- Clear visual signals with colored candles.
- Momentum and trend alignment reduce false setups.
- Adaptable to both swing and intraday trading.
Drawbacks
Like all systems, this strategy is not perfect. In choppy or sideways markets, the Super Trend Candles can flip back and forth, generating false signals.
CCI can also remain in extreme zones during strong trends, sometimes delaying entries.
- Signal frequency is lower because both conditions must align.
- Frequent flips in low volatility markets can cause small stop-outs.
Example Case Study 1 — H1 EUR/USD Long
On H1, EURUSD pulled back to support. The Super Trend Candles turned bullish while the fast CCI crossed above zero.
The slow CCI was also rising above its SMA. A buy was taken at candle close with a stop below the swing low.
The trade moved 80 pips higher, hitting a 1.5:1 target.
The remainder was trailed with the Super Trend and closed on a flip, securing further profit.
Example Case Study 2 — H4 AUD/USD Short
AUDUSD approached resistance on H4, and the Super Trend Candles flipped bearish.
The fast CCI crossed down while the slow CCI dropped under its SMA. Entry was placed with a stop above the high.
Price declined 160 pips, hitting the first target.
The rest was managed with a trailing stop until candles switched back, resulting in a profitable swing trade.
Strategy Tips
- Use a higher timeframe trend (H4 or H1) to guide bias, then refine entries on M30.
- Keep risk per trade small (1–2% maximum).
- Adjust stop and target distances according to pair volatility.
- Maintain a journal of setups, including CCI readings and candle flips, to refine your edge.
- Always backtest before applying to a live account.
Download Now
Download the “DoubleCCI-With_SMA.mq4” indicator for Metatrader 4
Indicator Specifications
| Specification | Detail |
|---|---|
| Platform | MetaTrader 4 (MT4) |
| File type | MQ4 / EX4 (indicator file) |
| Timeframes | Best on M5, M15, M30, H1, H4 (works on all timeframes) |
| Pairs | Forex majors, crosses, indices, and commodities with adjustable settings |
| Inputs | Fast CCI period, Slow CCI period, SMA length, signal sensitivity, alert toggles |
| Default settings | Default CCI periods and SMA length optimized for forex majors |
| Alerts | Popup, sound, email, and mobile push are available when enabled |
| License | Free download |
FAQ
Which timeframes work best with the Double CCI with SMA indicator?
This indicator can be applied to any timeframe. For scalping, M5 and M15 work well, while for swing trading, H1 and H4 are preferred.
Does this indicator repaint signals?
No, the Double CCI with SMA indicator does not repaint once the candle has closed, which makes it reliable for backtesting and live trading.
How can I combine this indicator with other MT4 tools?
It pairs well with support and resistance indicators or candlestick patterns to confirm entries and exits.
Is it suitable for scalping or swing trading?
Yes, by adjusting the CCI periods and SMA length, it can be optimized for either short-term scalping or longer-term swing trading strategies.
Summary
The Double CCI with SMA indicator is a balanced tool that combines momentum and trend information to produce clearer trading signals.
Using both a fast and slow CCI reduces noise and helps spot genuine momentum crossovers, while the SMA ensures you trade with the trend.
This combination is particularly useful for traders who prefer disciplined, rule-based entries and exits.
To improve your edge: backtest the indicator across different pairs and timeframes, adjust the CCI and SMA periods to match market volatility, and always use price-action confirmation.
