The CCI Trend Reversal Signal Forex indicator looks for high probability major turns in an existing buy or sell trend.
The indicator is composed of arrows that appear in the main trading window and an histogram that appears underneath the main MT4 chart.
The indicator delivers low risk entry signals that work for any trade style.
Some traders achieve a 80% win rate with this simple to use trend reversal Forex indicator!
Key Takeaways
- A buy trend reversal trade occurs when the indicator draws a blue colored arrow on the chart.
- A sell trend reversal trade occurs when the indicator draws a yellow colored arrow on the chart.
- Works for any trade style (scalping, day trading, swing trading) and MT4 instrument.
Feel free to explore the CCI Trend Reversal Signal Forex indicator’s different parameters and settings to create your own personalized indicator setup.
Download This MT4 Forex Indicator Free
Download the “ccix8-index-matrix-aa-tt.ex4” Metatrader 4 indicator
Indicator Example Chart (CAD/JPY M15 Chart Example)
Here’s an example of how the indicator should look like when loaded onto the Metatrader 4 chart.
Finding Buy and Sell Triggers With The CCI Trend Reversal Signal MT4 Indicator
Buy Signal: Open a buy trade when the CCI Trend Reversal Signal indicator prints a blue arrow on the chart.
Place your stop loss 3 pips below short-term support, or use your own favorite SL method.
Exit buy trade when an opposite signal gets triggered on the chart (yellow arrow), or use your own favorite take profit method.
Alternatively, close the buy trade for a reward/risk ratio of 1.5. or better.
Sell Signal: Open a sell trade when the CCI Trend Reversal Signal indicator prints a yellow arrow on the chart.
Place your stop loss 3 pips above short-term resistance, or use your own favorite SL method.
Exit sell trade when an opposite signal gets triggered on the chart (blue arrow), or use your own favorite take profit method.
Alternatively, close the sell trade for a reward/risk ratio of 1.5. or better.
Download This Forex Indicator Now
Download the “ccix8-index-matrix-aa-tt.ex4” MT4 indicator
Adjustable Parameters
CCI period, CCI price, CCI shift, KOEF, signal MA, index period, index mode, colors, width, style.
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 reversal signal
Installation
Copy and paste the indicator in the MT4 indicators data folder.
Then restart the MT4 terminal and attach it to any chart.
