The technical indicator MT4 4 time frame Ergodic CCI is a binary trend indicator to identify the trend of 4 different timeframes or UT.
Each UT, the color histogram 4 time frame Ergodic CCI identifies only two market conditions: up or down.
The direction of the trend is identified by an oscillator Sniper FX Ergodic CCI
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 vision overall market.
If the signals correspond to the different time frame, the trading signal is stronger and more reliable.
included
4 time frame Ergodic CCI.mq4
Broker Online - Broker Stock Exchange : Trading Platform Metatrader MT4
Interpretation Rules - Signals from Trading
Buy: Signal trend bullish
. Formation of a square 4 time frame Ergodic CCI positive green: baseline Sniper FX Ergodic CCI is above the signal line - Trend bullish on the corresponding time frame
. All squares are positive - Strong uptrend
* Short selling: Signal strong downtrend
. Formation of
a square 4 time frame Ergodic CCI negative red baseline FX Sniper Ergodic CCI is below the signal line - 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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