The technical indicator MT4 4 time frame ICC Slope nmc is a multi timeframe indicator to simultaneously establish the direction of the trend of 4 time frames (time unit) different.
The trading signals (buy / sell) generated are calculated on the basis of a stock indicator CCI
The color histogram 4 time frame ICC Slope determines two different market conditions: bull market, bear market.
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 (60 seconds)
M5 - 5 Minutes
M15 - 15 Minutes
M30 - 30 Minutes
H1 - 1 Hour
H4 - 4 Hours
D1 - Daily
W1 - Weekly
MN1 - Monthly
A signal alert is provided when the trading signals correspond to the four different time frames.
Compatible version Metatrader MT4 Build B600 and (nmc: New metatrader compliant)
included
4 time frame ICC slope nmc.mq4
Broker Online - Broker Stock Exchange : Trading Platform Metatrader MT4
Interpretation Rules - Signals From Trading
* Buy signal: Pressure buyer
. Formation of
a square 4 time frame ICC positive green slope: the slope of the CCI line is rising - Trend bullish on the corresponding time frame . All squares are positive - Strong uptrend
* Sale signal : Pressure saleswoman
. Formation of a square 4 time frame CCI negative slope red: the slope of the CCI line is down - Trend bearish on the corresponding time frame
. All squares are negative - Strong bearish trend
Read more about the rules and trading signals:
Trader Online - Technical Indicator CCI Swami v1 nmc
Trader Online - Technical Indicator xSuperTrend Alerts nmc 2.
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