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Forex Freeway_2-RSX - Indicator for MetaTrader 4

Forex Freeway_2-RSX
TypeIndicators PlatformMT4 Version10 Date created11 October 2015 Date updated 1 August 2017
Formatmq4 Size54.5Kb Downloads430 Rating
4.1 of 5
based on 39 rates

The Forex Freeway indicator is based on the CCI indicator. In fact, it analyzes several CCIs from several timeframes. There are four bands of Forex Freeway, they are read from left to right - 15-minute, 30-minute, hourly, and 4-hour. The aim is to enter the market when all four CCI are located in the direction of the trend.

Trading signals are interpreted as follows:

  • When all 4 bands are green - it is a signal to buy;
  • When all 4 bands are red, it is a signal to sell.

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