The main idea is the crossover between CCI and MA when the price crossover the high value of BBollinger or crossover the low value of the BB. It’s necessary to do a adjust of parameters for other timeframes. Tha default time frame is 5 minutes.
MT4 Indicator Download – Instructions
BearNaked Pattern1 is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
BearNaked Pattern1 provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install BearNaked Pattern1.mq4?
- Download BearNaked Pattern1.mq4
- Copy BearNaked Pattern1.mq4 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
- Right click on BearNaked Pattern1.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator BearNaked Pattern1.mq4 is available on your Chart
How to remove BearNaked Pattern1.mq4 from your Metatrader 4 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
MT4 Indicators Download below: