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2011.06.02 08:52
Indicators

cci with arrow - indicator for MetaTrader 4

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Description:

It can be used for scalpers and to determine if a trend is gaining or loosing momentum.

For scalper:use on m5 attach with period M15,M30 and H1 where there exist an arrow,place an order.

For momentum: the arrow indicates where the new high/low is greater/lesser than the previous high/low,hence can be used to predict if the trend would fail or pass.

Image:

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