Fx Bollinger Bands MACD CCT Indicator is a forex trading tool that created for the metatrader4 trading platform. It work way is a very simple just follow the color. The indicator has colored dot line which works to predict buy and sell signals. The Bollinger Bands MACD CCT can be used to trade in both lower time frames or higher timeframe, the low timeframes like 5 minute, 15 minutes, and 30 minutes while higher time frames like hourly, four hours, and daily. You can use it independently upon this indicator alone. However you should also remain attent to the trend of the market. If the major trend of the market is up, only you should take buy signals generated by indicator. Do not take trade against the trend.
The Bollinger Bands MACD CCT Indicator has two lines in the indicator separated window below the main chart. The red and blue moving average line remain the same along the day no color change, while the dotted line changes color according to the trend, it becomes blue when bullish and turn red when bearish.
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