Download Bear Naked Pattern Indicator For Mt4

Bear Naked Pattern indicator identifies and accurately points buy and sell signals based on CCI and MA crossovers.

The indicators works best on minutely time-frames, In particular, on 15 minute chart of GBPUSD major currency pair. Other time-frames and pairs are possible, however, experimentation and parameter adjustment will be necessary to achieve the best results.

Customization

Most of the parameters will require adjustment for different pairs and time-frames to achieve the best results. Therefore, the alterations are “trial and error” based. The fallowing are default presents:

CCI_Periodo = 21;
NivelCCI_Min = -80;
NivelCCI_Max = 80;
MMPeriodo = 14; Also try 20.
BB_Period = 21;
BB_Desvio =2;
PIP_DesvioMAX = 0.0010; Deviation of the prices and the Bollinger Band’s high.
PIP_Oscilacao = 0.0015; Oscilation of the price.
CCI_Setup2;
CCISetup2Desc;
FuraBollinger; Change of price crossing of either tom or bottom line line of the Bollinger Band.
NivelCCI_MIN_Stp2 = -60;
NivelCCI_MAX_Stp2 = 60;
NivelMM_MIN_Stp2 = 80;
NivelMM_MAX_Stp2 = 80;