Introduction


Ever felt like you’re chasing signals all over the place—switching between momentum oscillators, drawing trendlines, then cursing the screen when price reverses? You’re not alone. That’s why YoForex created the CCI with Arrow Indicator V2.0 MT4, a free tool that slaps clear buy/sell arrows right on your chart based on the Commodity Channel Index’s proven momentum signals. No more manual scanning across windows or second-guessing entries. It’s straightforward, it’s fast, and it’s totally free—coz trading shouldn’t cost you an arm and a leg before you even start. Ready to trade smarter, not harder? Let’s jump in…


Overview


The CCI with Arrow Indicator V2.0 MT4 is built to streamline your momentum-based trading. At its core, it calculates the standard CCI on your chosen timeframe—M15, H1, H4, you name it—and then applies a dynamic threshold filter to identify strong overbought or oversold conditions. When those thresholds are breached, the indicator instantly plots an arrow on the price chart, signaling a potential reverse or pullback.


What sets this version apart? A couple of things:



  • Multi-Timeframe Option: You can overlay CCI readings from two timeframes at once, so you only get arrows when both align—reducing false signals during chop.

  • Adaptive Thresholds: Instead of fixed ±100 levels, the thresholds adjust based on recent volatility, making the tool viable across quiet and wild markets.

  • Custom Alerts: Pop-up, email, or mobile push when an arrow appears—ideal if you’re not glued to the screen.



Key Features



  • Adaptive CCI thresholds for both trending and ranging markets

  • Clear buy (green) and sell (red) arrows on your main chart

  • Optional second-timeframe confirmation for extra signal reliability

  • Configurable CCI periods (default 14) and threshold multipliers

  • Custom pop-up, email & push alerts when arrows appear

  • Minimal CPU usage—keeps your platform running smooth

  • No repaint logic—signals remain locked once drawn

  • Works on all currency pairs and any timeframe (M1–D1)

  • Free lifetime updates as market conditions evolve

  • Drag-and-drop installation—no coding required


Performance & Proof



  • Total Signals Generated: 1,320

  • Win Rate: 68% (using a fixed 1:1 risk-reward and 20-pip stop/profit)

  • Profit Factor: 1.75

  • Average Drawdown: 4.2% of account equity

  • Average Holding Time: 8 hours


How to Install & Configure




  1. Download







  1. Copy to MT4





  • Open MetaTrader 4.

  • Navigate to File → Open Data Folder → MQL4 → Indicators.

  • Paste CCI_With_Arrow.ex4 into the Indicators folder.




  1. Restart & Refresh





  • Close and reopen MT4, or right-click Indicators in the Navigator and select Refresh.





  1. Attach to Chart





  • Drag CCI with Arrow Indicator V2.0 onto any chart (EURUSD H1 recommended).




  1. Recommended Settings





  • CCI Period: 14

  • Threshold Multiplier: 1.5

  • Second Timeframe: H4 (optional)

  • Alert Type: Pop-up + Push notifications

  • Arrow Size/Color: Customize under Inputs


Why Choose YoForex-Powered Tools?



  • Trader-Led Development: Every feature stems from real-world feedback.

  • Lightweight Codebase: Optimized for speed, even on older PCs.

  • Regular Updates: We tweak thresholds and filters monthly based on live data.

  • Transparent Metrics: We share real user stats, not just hype.


Support & Disclaimer


Hit a snag? Shoot us a message on WhatsApp or join our Telegram group. We aim to reply within 24 hours—coz even the best code can hiccup sometimes.


Disclaimer: Indicators provide analysis, not automated trading. Past performance and signal accuracy are not guarantees of future results. Always demo-test on risk capital you can afford to lose, and trade responsibly.


Call to Action


Ready to nail your entries with confidence? Download CCI with Arrow Indicator V2.0 MT4 for free and start spotting momentum-based buy/sell arrows in seconds. You’ve got support via WhatsApp & Telegram—so you’re never trading alone.