It can be used for scalpers and to determine if a trend is gaining or loosing momentum.
For scalper:use on m5 attach with period M15,M30 and H1 where there exist an arrow,place an order.
For momentum: the arrow indicates where the new high/low is greater/lesser than the previous high/low,hence can be used to predict if the trend would fail or pass.
MT4 Indicators – Download Instructions
cci with arrow is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
cci with arrow provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install cci with arrow.mq4?
- Download cci with arrow.mq4
- Copy cci with arrow.mq4 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
- Right click on cci with arrow.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator cci with arrow.mq4 is available on your Chart
How to remove cci with arrow.mq4 from your Metatrader 4 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
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MT4 Indicators Download here: cci with arrow