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TCCI Signals Metatrader 4 Forex Indicator

    The TCCI Signals forex indicator for Metatrader 4 analyses the market in real-time and provides easy to trade buy and sell signals in the form of a dual colored signal line.

    The TCCI signal line alternates between green color and red color.

    • A green colored signal line represents a bullish market. Traders look for buy trade opportunities.
    • A red colored signal line represents a bearish market. Traders look for sell trade opportunities.

    TCCI can be used as a standalone signal generator or together with other technical tools or price analysis.

    For scalping and day trading purposes, it’s recommended to use TCCI signals during the London and New York trading sessions.

    Feel free to experiment with the indicator’s input parameters and different settings.

    Free Download

    Download the tcci.ex4” MT4 indicator

    Example Chart

    The EUR/USD 1-Hour chart below displays the TCCI Signals Metatrader 4 indicator in action.

    Basic Trading Signals

    Signals from the TCCI Signals MT4 indicator are easy to interpret and goes as follows:

    Buy Signal: Open buy trade when the TCCI signals line changes from red to green color. A green colored signal line represents a bullish market. Place a stop-loss below the green signal line or support.

    Sell Signal: Open sell trade when the TCCI signals line changes from green to red color. A red colored signal line represents a bearish market. Place a stop-loss above the red signal line or resistance.

    Trade Exit : Use your own method of trade exit.

    Download

    Download the tcci.ex4” Metatrader 4 indicator

    MT4 Indicator Characteristics

    Currency pairs: Any

    Platform: Metatrader 4

    Type: Chart pattern indicator

    Customization options: Variable (price, length, filter, deviation) Colors, width & Style.

    Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

    Type: trend

    Installation

    Copy and paste the tcci.ex4 into the MQL4 indicators folder of the Metatrader 4 trading platform.

    You can access this folder from the top menu as follows:

    File > Open Data Folder > MQL4 > Indicators (paste here)