Newest CCFp Indicator

Newest CCFp Indicator

The Newest CCFp indicator for MT4 displays the strength/weakness of currency pairs and also suggests the best trend direction for a trade

The Newest CCFp indicator for MetaTrader 4 is an advanced version of the regular CCFp indicator. Unlike the previous versions of the CCFp indicators that display the strength/weakness of different currency pairs, this newest version comes with additional technical features to help you in making better trade decisions.

One of notable technical features of this new version is the display of the time for a candlestick to close. Additionally, it suggests the suitable trend direction to open a trade. Finally, it is also chart-friendly and easy to understand, which makes it superior to the previous versions.

How to Trade With the Newest CCFp Indicator

The above image shows the trend analysis of different currency pairs by the Newest CCFp indicator. The green histogram bar of the indicator represents a bullish move, while the red bars depict a bearish move.

Therefore, when any currency pair is gaining bullish or bearish momentum, it would be reflected on the indicator’s panel as green or red bars, respectively. For instance, the attached image shows that EUR currecny is gaining bullish momentum. Furthermore, the indicator also suggests that the EURNZD is trending to the upside, an indication for you to find an opportunity to join the bullish move.

Furthermore, it is important to state that when the indicator paints a ‘buy’ or ‘sell’, it doesn’t imply a signal to buy/sell an asset immediately. The buy/sell displayed by the indicator simply implies that a bullish/bearish trend has been confirmed. For instance, you may look for an opportunity to buy/long an asset when the indicator displays ‘buy’ on the dashboard.

Conclusion
The Newest CCFp indicator for MT4 is an advanced version of the CCFp indicator designed with more features to improve technical analysis. Finally, the indicator is free to download.