KT CCI Indicator with alerts 
MT4/MT5

Features

• A perfect choice for traders who speculate the CCI movements within an overbought/oversold zone.
• It's a lightly coded indicator without using extensive memory and resources.
• It implements all Metatrader alerts.

History of Commodity Channel Index (CCI)

Donald Lambert first introduced the CCI in 1980. Since its introduction, the indicator has grown in popularity. It is now a ubiquitous tool for traders in identifying cyclical trends in commodities, equities, and currencies. 

The CCI can be adjusted to the timeframe of the market traded by changing the averaging period.

Combining the CCI with other indicators

You can combine it with other indicators to improve its effectiveness. You may also easily integrate it with expert advisors (EAs) on MT4 or MT5.

Applications of CCI Alert indicator MT4 | MT5

• The CCI is widely used to identify the overbought and oversold market. Generally, the CCI above 100 and -100 denotes the overbought and oversold market, respectively.
• CCI is also used to identify the market trend. A value above 0 usually represents the uptrend, and a value below 0 represents the downtrend.
• Many veteran traders use the CCI oscillator to design robust trading strategies. One such training strategy is also published as a 100% automated EA named KT CCI Surfer EA.