CCI_OBOS_Crossover - MetaTrader 5 Script - MT4/MT5 Resources
CCI OBOS Cross Signal Indicator works with overbought/oversold (OBOS) and standard CCI indicators. When these indicator lines are crossed, the indicator places a signal label on the price chart.
There are five inputs:
When CCI crosses the OBOS line upward, a green label is placed on the opening price of the candle. When CCI crosses the OBOS line downward, a red label is placed on the opening price of the candle.
If the downward OBOS line is below the oversold level, only a buy tag is placed. If the upward OBOS line exceeds the overbought level, only a sell tag is placed.
Attachment download
📎 cci_obos_crossover.mq5 (16.44 KB)
Source: MQL5 #22189
CCI_OBOS_Crossover - MetaTrader 5 script usage and screening suggestions
CCI_OBOS_Crossover - MetaTrader 5 script is a resource related to Forex indicators. 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.
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •