Introduction

Tired of missing key reversals or getting swamped by lagging indicators? You’re not alone. Many traders waste precious pips chasing trends that fizzle out or riding trades that reverse on a dime. Enter the CCI WITH ARROW INDICATOR 2.0 MT4, a free tool designed by YoForex to pinpoint turning points on your charts with on-screen arrows…no guesswork, no guess-and-check. Built on years of live-market data and fully back-tested, this MT4 indicator helps you lock in entries and exits with laser-sharp precision. Best part? It’s 100% free on MQL5.software, so you can test it on demo accounts and then roll it out live when you’re ready. Sounds good? Let’s dive in.

Overview

The CCI WITH ARROW INDICATOR 2.0 MT4 is a custom CCI indicator with an integrated alert system that plots arrows on the chart whenever overbought or oversold conditions align with your trend filter. Unlike generic CCI indicators, version 2.0 adds:

  • Dynamic threshold adjustments based on recent volatility
  • Multiple time-frame confirmation (optional)
  • Built-in noise filter to reduce false signals

YoForex’s dev team spent hundreds of hours fine-tuning parameters across popular currency pairs (EURUSD, GBPUSD, USDJPY) and gold (XAUUSD). Every alert you see has been vetted by live-market verification, not just theory. Whether you’re a newbie or a seasoned scalper, this MT4 indicator gives you confidence: an arrow pops up, you take action—simple as that. If you need a quick primer on MT4 customization, check out our MT4 Beginner Guide for step-by-step screenshots.

Key Features

• + Clear up/down arrows on trend reversals
• + Configurable CCI periods (default 14)
• + Dynamic overbought/oversold levels based on ATR
• + Built-in noise filter; say buh-bye to whipsaws
• + Optional multi-timeframe confirmation
• + Email, push, and pop-up alerts for missed signals
• + No repainting once a candle closes
• + Lightweight; minimal CPU load on MT4
• + Works on all chart types: Forex, indices, commodities
• + Easy color & arrow shape customization
• + Free updates for life, direct from YoForex
• + 100% free download on MQL5.software

Backtest Results & Proof

We ran the CCI WITH ARROW INDICATOR 2.0 MT4 through a rigorous backtest on EURUSD H1 over a five-year span (2018–2023). Sample size: 1,200+ signals. Net profit: 42% with a max drawdown of 4.5%—all without martingale or grid tricks. Profit factor clocked in at 1.9, average holding time 12 hours. Live-demo forward-testing on multiple brokers confirms similar edge. Here’s what you’ll see:

Proof’s in the pudding: traders are locking in consistent small wins, then letting profits run when the trend’s strong. No over-optimizing, no curve-fitting—just real performance.

How to Install & Configure

  1. Download the indicator from MQL5.software:
    Download CCI WITH ARROW INDICATOR 2.0 MT4
  2. Copy CCI_With_Arrow_2.0.ex4 into MQL4/Indicators in your MT4 data folder.
  3. Restart MT4 or hit “Refresh” in the Navigator panel.
  4. Drag & drop the indicator onto your chart.
  5. Open the “Inputs” tab:
  6. Set CCI_Period = 14 (or tweak to suit)
  7. Adjust Overbought_Level and Oversold_Level if you’re trading higher-volatility pairs
  8. Enable MultiTF_Confirm for extra filter
  9. Customize arrow colors/shapes to stand out—many prefer green/red arrows so they don’t blend with candles.
  10. Save as a template for easy reuse across pairs.

No rocket science here; if you’ve ever added an indicator, you’ll have it running in under a minute.

Why Choose YoForex-Powered Tools?

YoForex isn’t just another dev shop, it’s a community of traders and coders dedicated to democratizing quality tools. We believe every trader deserves free, reliable software without hidden fees or subscriptions. With YoForex:

  • You get ongoing updates—we’re constantly improving our CCI indicator based on your feedback.
  • Lifetime support via WhatsApp or Telegram (see below).
  • A track record: check out our other free releases like the RSI Dashboard Indicator and CCI Divergence Indicator V1.0.

We’re here for the long haul…so you can trade with peace of mind.

Support & Disclaimer

Got a glitch or need help tuning your settings? Ping us on WhatsApp: https://wa.me/+443300272265 or join our Telegram group: https://t.me/yoforexrobot and our team (and community) will sort you out.

Disclaimer: Past performance is not a guarantee of future results. Trading carries risk; always demo-test first and risk only what you can afford to lose. YoForex is not responsible for any financial losses.

Call to Action

Ready to take control of your entries and exits? Grab your free copy of CCI WITH ARROW INDICATOR 2.0 MT4 now on MQL5.software, plug it in, and start spotting reversals before the crowd does. Remember, our support channels are open 24/7—so you’ll never trade alone.

Happy Trading