The SlopeScanner(CCI) V1.4 is a versatile tool designed to help traders monitor trend direction across multiple currency pairs and timeframes simultaneously by analyzing the slope of the Commodity Channel Index (CCI). Unlike traditional indicators, this dashboard tracks the momentum and changes in slope, providing early insight into trend reversal or continuation.
| Feature | Description |
|---|---|
| β€ Multi-Pair Monitoring: | Track multiple currency pairs in a single, consolidated dashboard. |
| β€ Multi-Timeframe Analysis: | Evaluate trend momentum across various timeframes (M1 through MN1). |
| β€ Smart Trend Detection: | Identify turning points based on CCI slope changes & OB or OS conditions. |
| β€ Customizable CCi: | Set your preferred CCi period - OB & OS levels. |
| β€ Real-Time Alerts: | Get Metatrader alerts immediately when slope direction changes. |
| β€ Color-Coded Visuals: | Easy-to-interpret color signals indicating bullish, bearish, overbought (OB), oversold (OS) or neutral trends. |
| β€ Clean & Compact Layout: | Well-organized display that fits neatly on your chart without clutter. |
The CCI is a momentum-based oscillator that measures the deviation of price from its statistical mean. It helps traders identify overbought and oversold conditions, as well as potential trend reversals. Typically, readings above +100 suggest overbought conditions, while readings below β100 suggest oversold.
The dashboard continuously calculates the slope of the CCI across selected currency pairs and timeframes, highlighting changes in direction with a distinct color. These slope signals give you early insight into potential trend shifts, allowing you to make more proactive trading decisions before conventional signals appear.
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