Free Forex Indicators (MT4), Trend Following Indicators

GentorCCIM Indicator

GentorCCIM Indicator is a versatile indicator, used to identify the market trends by using its dual trend filtering system. Besides signaling the market trends, it also assists its users in finding the best possible areas to enter the market along with the trade exit signals. Besides, it can be applied to trade all kinds of forex currency pairs within financial markets.

GentorCCIM Indicator supports both scalping and day trading activities because it suits all sorts of timeframe charts within the MT4 trading platform. Since this indicator offers an easy method of trading within the market trends, newbie traders can be benefited by applying it in the live markets.

GentorCCIM Indicator Overview

Download and install the indicator on your MT4 terminal. Once you’re done, your chart will be transformed like the following image:

GentorCCIM Indicator Overview

GentorCCIM Indicator Explanation

GentorCCIM Indicator is programmed to read the last 300 bars of price data and combines with CCI and 34 EMA to come up with the market trend signals. The G.CCI average demonstrates the primary trend signals.

The mode of the trend is identified by the positive/negative value of the indicator. On the other hand, G.Histo bars make the final confirmation of the trend by supporting the signals generated by G.CCI.

GentorCCIM Indicator Explanation

The bars turn green when the market is in a bearish condition and turns yellow whenever a bullish trend is confirmed. Any of the indicators showing the opposite signal to your active trade position should be closed immediately.

GentorCCIM: Buy Conditions

GentorCCIM Buy Parameters
  • The G.CCI value turns positive
  • G.Histo bars turn into yellow color carrying a positive value
  • A buy can be triggered when the above conditions are met
  • Set stop loss below the recent swing low of the market
  • Exit long/take profit whenever G.CCi value turns negative

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GentorCCIM: Sell Conditions

GentorCCIM Sell Parameters
  • The G.CCI value turns negative
  • G.Histo bars turn into green color carrying a negative value
  • A sell can be triggered when the above conditions are met
  • Set stop loss above the recent swing high of the market
  • Exit short/take profit whenever G.CCi value turns positive

I have been actively trading the financial markets since April 2012. Besides trading with my personal money I am a technical analyst in a mutual fund that has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.

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About Trend Following System

Trend Following System's goal is to share as many Forex trading systems, strategies as possible to the retail traders so that you can make real money.

Risk Warning: Trading in the forex market is very risky. Thus, it is may not be for everyone. A highly leveraged position can work against the trader when the trade does not work as expected. Trading in the forex market can cause to lose a significant portion of the capital or all of the capital. It is crucial to learn about the trading and gain enough experience in the demo account before trading with real money. The trading strategies published on this website do not guarantee profit as the market is dynamic and unpredictable. The past performance of a strategy is not the indicative of future performance. Trend Following System will not accept any kind of liability or damage caused by trading the strategies published on this website.
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