The trading signals (buy / sell) generated are calculated on a CCI Commodity Channel Index indicator
The Commodity Channel Index (CCI or) is a price momentum indicator developed by Donald R.Lambert. ITC can be used on any type of values, not just on the shares.
Using multiple time frame to identify the general trend of short-term market and the long term and help to anticipate the entry points and exit the trade with a global vision of the market.
If the signals correspond to the different time frame, the trading signal is stronger and more reliable.
Time Frame
M1 - 1 Minute
M5 - 5 Minutes
M15 - 15 Minutes
M30 - 30 Minutes
H1 - 1 Hour
H4 - 4 hours
D1 - Daily
W1 - Weekly
MN1 - Monthly
An alert system per message, sound or email can be configured optional
version supports Metatrader MT4 Build and B600 (nmc: New metatrader compliant)
included
4 time frame ICC nmc.mq4
Broker Online - Broker Exchange : platform MT4 Trading Metatrader
Interpretation Rules - signals From Trading
For the corresponding time frame
* signal ' Purchase : bull market trend
. Forming a square 4 time frame CCI positive nmc green: CCI line is above the zero level - Trend bullish on the corresponding frame time
. All squares are positive - Strong uptrend
* Selling signal: bear market trend
. Forming a square frame CCI 4 time nmc negative red: CCI line is below the zero level - Trend bearish on the corresponding frame time
. All squares are negative - Strong bearish trend
Read more about the rules and trading signals:
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