How do I install this Indicator on MetaTrader 5?

Download the file, open MetaTrader 5 -> File -> Open Data Folder, copy the file to the correct folder (Experts / Indicators / Scripts / Libraries), then restart the terminal.

How do I activate / load this Indicator?

Drag the Indicator from the Navigator onto your chart and adjust the input parameters as needed.

Is this compatible with MetaTrader 5?

Yes, this Indicator is built specifically for MetaTrader 5.

Is this Indicator safe to use with real money?

All tools are provided for educational and testing purposes. We strongly recommend testing on a demo account first. Trading involves significant risk of loss.

Can I use this Indicator on multiple charts?

Yes, you can apply multiple indicators on the same chart.

Can I customize the settings of this Indicator?

Yes. Right-click on the chart and select properties to open and adjust parameters.

Free cc i arrows mt5 Indicator for MetaTrader 5

MetaTrader 5 indicator

Download ALL MT5 indicators (5742)

Similar MetaTrader Tools

cc i arrows mt5

Info

The cc i arrows mt5 is a Indicator for MetaTrader 5 that input parameters cci_period(default = 14) — the period of the cci that is used in this indicator. the higher is the value the more lags this indicator but less false signals occur.

Usage

This tool is typically used for enhancing chart analysis and decision making.

Platform

This Indicator works exclusively on MetaTrader 5 (both build 600+ and newer versions).

Setup

Place the downloaded file in MQL5/Indicators folder via File ? Open Data Folder in MetaTrader 5.

How to Install and Use cc i arrows mt5

1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.

2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.

3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.

4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.

Frequently Asked Questions

Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."

Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).

Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.

What this tool does

input parameters cci_period(default = 14) — the period of the cci that is used in this indicator.

Typical Use Case

This Indicator excels in automated trading and technical analysis on MetaTrader 5.

Compatible Platform & Setup

This Indicator works on MetaTrader 5. Place the file in the MQL5/Indicators folder and restart the terminal.

Description & Settings

Related: SHK Heikin Ashi MACD Signal Arrows for MT5 - another powerful indicator for MetaTrader 5 traders.

input parameters

cci_period
(default = 14) — the period of the cci that is used in this indicator. the higher is the value the more lags this indicator but less false signals occur.

Also recommended: Drawing Arrows with Custom Colors and Styles - similar indicator with strong performance on MetaTrader 5.

enablenativealerts
(default = false) — if true, metatrader's native pop-up alerts will be used when an arrow appears.

enablepushalerts
(default = false) — if true, metatrader's push notification alerts will be sent to your device when an arrow appears. notifications should be properly configured in metatrader via tools->options->notifications.

triggercandle
(default = previous) — the candle to issue alerts on: previous — the most recently closed candle or current — the yet unfinished candle. as you can see, this indicator gives direct signals for buy (blue arrow pointing up) and sell (red arrow pointing down). you should know that you should not enter the trade if the signal is contradicting the current general trend. if it is uptrend and you get a blue arrow — go long, if you get a red arrow — do nothing (just close your long position if you had one open); if it is downtrend and you get blue arrow — close short position but don't go long, if you get red arrow — go short; if chart goes sideways and you get blue or red arrow — feel free to go long or short respectively. i recommend setting your stop-loss directly at the level where the arrow is drawn (it is displayed if you point your mouse at it).

You may also like: Arrows & Curves Indicator - excellent alternative for indicator users on MetaTrader 5.

Source Code

#property strict
#property version   "1.02"
#property description "Educational code - RobotFX www.robotfx.org"
#property description "Educational code - RobotFX www.robotfx.org"
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_plots   2
#property indicator_color1  clrBlue
#property indicator_type1   DRAW_ARROW
#property indicator_width1  2

.......

Leave your opinion, ask a question, share some knowledge

⚠ Limitations & Risk Warning

This tool is provided for educational and testing purposes only.
Past performance does not guarantee future results.
Trading involves substantial risk of loss. Use on a demo account first.
Results may vary depending on market conditions, broker, and settings.
We recommend thorough backtesting and forward testing before using with real funds.