cci with arrow - MetaTrader 4 script | Scalping EA download - MT4/MT5 resources
It can be used by scalpers and determine whether a trend is gaining momentum or losing momentum.
Scalper: Use it on m5, the arrows are M15, M30, H1, place an order.
For Momentum: Arrows indicate that new highs/lows are greater/less than the previous highs/lows and therefore can be used to predict whether a trend will fail or pass.
Attachment download
📎 cci_with_arrow.mq4 (6.83 KB)
Source: MQL5 #10324
cci with arrow - MetaTrader 4 script | Scalping EA download - MT4/MT5 resource usage and screening suggestions
cci with arrow - MetaTrader 4 script | Scalping EA download - MT4/MT5 resources belong to scalping EA related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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