Summary of 📥 Commodity Channel Index Oscillator (CCI) Download MT4&5 - Free Download [TFlab]

The video provides a tutorial and free download link for the Commodity Channel Index (CCI) Oscillator indicator compatible with MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, available on the Trading Finder website.

Key Technological Concepts and Features:

• Indicator Application:
  Users can download the CCI indicator file and apply it to MT4/MT5 charts by dragging it from the Navigator section. It requires enabling the "Allow DLL Imports" option to function properly.
• Indicator Display:
  Once applied, the CCI appears as an oscillator window below the price chart. The indicator consists of:
  • CCI line (orange)
  • Turbo CCI line (blue) — a faster oscillator with a shorter period than the standard CCI.
  • Zero line (middle)
  • Trigger levels at +50 and -50
  • Overbought and oversold levels at +200 and -200
• Customization Options:
  Users can adjust:
  • Display templates: Light, Dark, or Custom (which retains the user’s existing chart template).
  • Period settings for both Turbo CCI and CCI.
  • Overbought, oversold, and trigger levels.
  • Weight or coefficient applied to the CCI value, influencing calculation sensitivity.
• Trading Signals and Analysis:
  
  • Buy Signal: When both CCI and Turbo CCI lines move upward crossing above the +50 trigger level, indicating bullish market trends and potential profit entry points.
  • Sell Signal: When both lines move downward crossing below the -50 trigger level, signaling bearish trends and potential sell positions.
  • The coefficient applied to the CCI value helps refine these signals.

Tutorial and Guide Highlights:

• Step-by-step instructions on downloading and installing the indicator on MT4/5.
• Explanation of the indicator’s components and how to interpret them.
• Guidance on customizing settings to fit individual trading strategies.
• Practical usage tips for identifying market trends and entry/exit points.

Main Speakers/Sources:

• The tutorial is presented by the TFlab team or channel, as indicated by the video title and style.
• No individual speaker names are mentioned.

Summary:
This video is a comprehensive guide and free resource for traders to download, install, and utilize the Commodity Channel Index Oscillator on MT4 and MT5 platforms. It explains the indicator’s features, customization options, and how to interpret its signals for effective trend analysis and trading decisions.

Notable Quotes

— 03:05 — « It's a sell signal indicating a bearish trend which is located here and a coefficient of it that is recorded in the CCI value. »

— 03:18 — « Traders can consider when the CCI line and turbo CCI line move upwards from the positive claw level as an entry point and profit move in the market. »

— 03:31 — « When the CCI line and turbo CCI line move downwards from the negative claw level as a sell position or sell signal and bearish market trend. »

— 03:39 — « Well friends we've reached the end of this indicator tutorial we would be happy if you could share your comments and suggestions with us in the comment section. »

Category

Technology

Video