CCI NMA Horizontal Cross Alert Indicator for MetaTrader 4 – Free – [TFlab] – MT4/MT5 Resource

The CCI NMA Level Cross Alert Indicator is a classic advanced version of the Commodity Channel Index (CCI) indicator used for technical analysis , which significantly filters out market noise.

This MetaTrader 4 oscillator features multi-colored signal lines . When the line turns light green, it indicates a bullish trend. Conversely, orange reflects a bearish market trend .

CCI NMA level crossing warning indicator table

The general specifications of the CCI NMA level crossing warning indicator are shown in the table below:

Indicators overview

The CCI NMA Level Crossing Alert Indicator generates a signal when the CCI value is above +50 or below -50.

Crossing these levels can indicate overbought or oversold market conditions and can be used as areas for potential trend reversals.

Uptrend Conditions

The chart below shows the AUD/USD pair on a 4-hour time frame. In this oscillator, a color change from orange to green on the signal line indicates a possible trend reversal to the upside.

A bullish signal gain is more effective when it occurs in the oversold zone (+50).

downtrend conditions

The price chart below shows the Solana (SOL) cryptocurrency on a 30-minute time frame. If the signal line changes from green to orange and the CCI indicator shows negative values ​​at the same time, this is a sign of a market trend reversal .

Additionally, being in the overbought zone provides a good setup for entering a sell trade .

CCI NMA Level Crossing Alarm Settings

• Calculation Period : The calculation period of the indicator;
• Applied Price : Base price;
• NMA Period : NMA average period;
• NMA TEMA Period : NMA’s TEMA smoothing period;
• Do What? : Action type;
• Line Width : Chart line thickness;
• Overbought Level : Displays the overbought level;
• Oversold Level : Displays the oversold level;
• Alerts ON : Enable alert mode;
• Enter OB/OS zone alert : send an alert when entering the overbought/oversold zone;
• Alert when exiting OB/OS zone : Alert when exiting overbought/oversold zone;
• Current Bar Alert : disables alerts for the current candle;
• Alert Message : Enable alert message;
• Alert Sound : Disable alarm sound;
• Alert Email : Disable email reminders;
• Alert Sound File : Displays the alert sound file.

Conclusion

The CCI NMA Level Crossing Alert Indicator panel provides two manual setting modes: " CCI using NMA as Price Filter ", " NMA Smoothed CCI ".

These options allow you to choose the type of calculation and price filtering method in MetaTrader 4.