FX-ULTRA

FX-ULTRA

CCI of RSX ATR — Trading Indicator for MT4

A volatility‑aware momentum oscillator for MT4: RSX + CCI with ATR normalization, clearer zones and practical alerts.

CCI of RSX ATR (MT4)

CCI of RSX ATR fuses a smoothed RSX (Jurik‑style RSI) with CCI logic and ATR‑aware scaling. You get a momentum oscillator that adapts to volatility, reads overbought/oversold more robustly, and highlights pullbacks vs. thrusts in MetaTrader 4.

Overview

What it shows

  • Core line (CCI of RSX) in −100…+100 style zones.
  • ATR normalization to keep readings comparable across symbols/timeframes.
  • (Optional) markers/alerts: 0/±100 crosses, zone exits/entries, slope flips.

Trade ideas

  1. Regime bias: prefer longs while the oscillator holds > 0 with rising slope; shorts while < 0.
  2. First exit from extreme: in an up‑bias, buy the first move out of oversold; in a down‑bias, sell the first move out of overbought.
  3. Pullback continuation: after a strong thrust, wait for a return to mid‑zone and a hook back in trend direction.
  4. (Optional) Divergence with price at new extremes — treat as early caution, seek confirmation.

Signals

Inputs that matter

  • RSX period / smoothing — responsiveness vs. smoothness.
  • CCI length — how tightly extremes are defined.
  • ATR period / factor — volatility normalization.
  • Alerts — level touches, crosses, slope flips.
  • Colors/widths — quick visual read.

Suggested usage

  • M5–M15: intraday rotations and pullback timing.
  • M30–H4: swing continuation with 0‑line filter.
  • Daily+: portfolio regime filter.

Installation (MT4)

  1. Open MetaTrader 4FileOpen Data Folder.
  2. Copy CCI of rsx & atr.ex4 to MQL4/Indicators.
  3. Restart MT4 (or refresh Navigator) and attach CCI of RSX ATR.
  4. Tweak inputs → OK.

FAQ

Does it repaint? No; calculations are on closed bars.
Use in EAs? Yes, via iCustom.
Markets? FX, indices, metals — anything on MT4.


Disclaimer: Test on a demo account first; risk management is essential.