3 Time Frames MACD RSI CCI Forex Signals Indicator For Metatrader 4
The 3 time frames Forex signals indicator for MT4 delivers powerful trend oscillator signals based on a mix of 3 different time frames (MTF) and 3 technical indicators.
You can choose the time frames yourself from the indicator’s input parameters. Experiment with this option!
The indicator delivers signals based on a mix of 3 popular technical indicators: MACD, RSI and CCI.
Interpret the indicator trend logic as follows:
- A new buy trend arrives when the indicator turns back above the zero level from below. Traders look to buy the pair.
- A new sell trend arrives when the indicator turns back below the zero level from above. Traders look to sell the pair.
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3 Time Frames MACD RSI CCI Forex Signals Indicator Chart
Here’s an example of how the indicator should look like when loaded onto the Metatrader 4 chart.
You can apply the indicator to any currency pair and time frame of your preference.
Finding Buy and Sell Triggers With 3 Time Frames MACD RSI CCI Forex Signals Technical Analysis Chart Indicator
Below is an example of how to buy and sell currency pairs with this Forex indicator:
Buy Trigger: Open a new buy trade when the indicator turns back above the zero level (0.00) from below. The trend is now positive.
Place stop loss below the most recent swing low, or use your own stop loss strategy.
Exit the buy trade when the indicator turns back below the zero level, or exit the buy trade at a fixed profit target of 1:1 reward:risk or better.
Sell Trigger: Open a new sell trade when the indicator turns back below the zero level (0.00) from above. The trend is now negative.
Place stop loss above the most recent swing high, or use your own stop loss strategy.
Exit the sell trade when the indicator turns back above the zero level, or exit the sell trade at a fixed profit target of 1:1 reward:risk or better.
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Fast EMA period, slow EMA period, signal SMA period, K period, D period, slowing, RSI period, RSI signal, CCI period, CCI signal, colors, width, style.
The indicator can be used as a stand-alone signals indicator.
It can also be combined with:
- Trend indicators (Moving Average, Bollinger Bands, ADMI,…)
- Price action methods and techniques
More Info About This Indicator
Tradable Currency pairs: Any
Trading Platform: MT4
Time frames: M1, M5, M15, M30, H1, H4, D1, W1
Indicator Type: trend oscillator
Copy and paste the indicator in the MT4 indicators data folder.
Then restart the MT4 terminal and attach it to any chart.