Tipu CCI Indicator for MetaTrader 4 – This version of Tipu CCI indicator is for learning purposes and is open for anyone who is interested in developing an Expert Advisor using this indicator.
- 28 symbols, multi-time frame powerful Dashboard for the full market view.
- Customizable Buy/Sell alerts, push alerts, email alerts, and visual on-screen alerts.
- Marked BUY/SELL signals.
- Two color trend histogram.
The commodity channel index (CCI) is an oscillator originally introduced by Donald Lambert in 1980.
CCI measures the current price level relative to an average price level over a given period of time. CCI is high when prices are above the average price, and low when the prices are below the average price.
CCI is a useful tool not only for identifying trend but also the overbought/oversold levels.