BH CCI Alerts Indicator
Platform: MT4 Type: Market Levels Last update: August 17, 2024The BH CCI Alerts indicator recognizes overbought/oversold market states based on Commodity Channel Index (CCI).
When such a state is recognized, the indicator marks candlesticks with blue or red rectangle.
In many cases it will be a reversal point, but you will need some filters to confirm that reversals.
