cc i ob o s crossover
Info
The cc i ob o s crossover is a Indicator for MetaTrader 5 that cci obos crossover signal indicator applies (obos) and standard cci indicators. the indicator places signal labels to the price chart when crossing these indicator lines.
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 ob o s crossover
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
cci obos crossover signal indicator applies (obos) and standard cci indicators.
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: Percentage Crossover Channel Indicator - another powerful indicator for MetaTrader 5 traders.
cci obos crossover signal indicator applies (obos) and standard cci indicators. the indicator places signal labels to the price chart when crossing these indicator lines.
Also recommended: MA-Crossover Alert - similar indicator with strong performance on MetaTrader 5.
there are five inputs:obos period
- obos calculation period
cci period
- cci calculation period
use ob/os filter
- use the filter by overbought/oversold levels (yes/no)
overbought
- overbought level
oversold
- oversold level
signals:
when crossing the up obos line by cci upwards, the
green
label is placed on the candle open pricewhen crossing the up obos line by cci downwards, the
red
label is placed on the candle open price
filter:
if down obos line is below the oversold level, only buy labels are placedif up obos line exceeds the overbought level, only sell labels are placed
You may also like: RVI-Crossover Alert - excellent alternative for indicator users on MetaTrader 5.
Source Code
/.......
⚠ 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.