CCI with Arrow MT4 Indicator

  • A modified version of the Commodity Channel Index (CCI) with automatic arrow signals.
  • Displays buy and sell arrows when the market reaches overbought or oversold levels.
  • Helps traders identify potential reversals quickly without manual analysis.
  • Works well on all timeframes and currency pairs.
  • Beginner-friendly — simplifies CCI readings with clear visual cues.
  • Can be combined with trend indicators or moving averages for confirmation.

The CCI with Arrow MT4 Indicator enhances the traditional Commodity Channel Index by adding visual arrow signals directly on the chart.

Automatically detects overbought and oversold conditions, marking them with colored arrows to indicate potential buy or sell opportunities.

Green/upward arrows signal possible bullish reversals, while red/downward arrows indicate bearish reversal zones.

Simplifies complex CCI data, allowing traders to make faster, more confident trading decisions.

Ideal for both beginners and advanced traders, as it removes the need to interpret CCI levels manually.

Works seamlessly across multiple timeframes and trading instruments (forex, indices, commodities, etc.).

Improves accuracy and timing by combining price action with CCI readings to filter false signals.

Can be used alongside indicators like RSI, MACD, or moving averages for added confirmation and stronger setups.

Offers full customization of arrow colors, signal styles, and CCI period settings.

Visually clear and user-friendly interface, making it easy to spot trade setups instantly.

A reliable tool for traders who prefer visual trading cues and want to enhance discipline, confidence, and consistency in their strategy.

Input Settings & Controls

  • barheight → Specifies the height of the bars displayed on the chart or indicator visualization.

  • BarCount → Determines the number of bars (candles) to analyze or display within the indicator.

  • showheightline → A boolean option to enable or disable the display of height lines on the chart.

  • showarrowline → A boolean option to show or hide arrow lines that indicate buy/sell or signal directions.

  • sound → Enables or disables sound alerts when certain conditions or signals occur.

  • usechart → A toggle indicating whether to use the current chart’s settings or data for the indicator.

  • period → Defines the timeframe or number of periods used for calculation (e.g., 14-period average).

  • per → Often an alternate or sub-period value, possibly for secondary calculations within the same indicator.

  • price_type → Determines which price source to use for calculations (e.g., Close, Open, High, Low, Median, Typical).

  • pair → Specifies the currency pair or symbol the indicator or strategy applies to.

Devices Supported

Device Type Operating System Compatibility with TradingView
💻 Windows Laptop/Desktop Windows XP / Vista / 7 / 8 / 8.1 / 10 / 11 ✅ Fully supported via app
🍏 MacBook / iMac macOS 10.15+ ✅ Fully supported via app
📱 Android / Mobile Android OS ❌ Not supported

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⚠️ Final Note: Trading in financial markets is speculative and may not be suitable for all investors. TrendCharts.in provides various automatic signal setups for Paper Trading & help in Analysis, it is not a “black box” system to be used without careful evaluation. Users must apply their judgment in filtering automated setups, particularly in relation to broader market trends. All trading decisions are solely the responsibility of the individual trader. Trading and investing involve risks, and losses are inevitable, So Kindly use only risk capital and never invest money you cannot afford to lose.

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