This MetaTrader 4 (MT4) indicator is called gy_mp_rsi_ccx.mq4. It combines two popular technical analysis indicators, CCI (Commodity Channel Index) and RSI (Relative Strength Index), and displays them in a separate window for different timeframes.

Key Features:

• Indicator Type: It is a custom indicator that runs in a separate window (indicated by indicator_separate_window).
• Timeframe Options: The indicator displays values for multiple timeframes ranging from M1 (1-minute) to D1 (1-day) for 18 major forex pairs.
• Buffers: The indicator uses two buffers (indicator_buffers 2) for the CCI and RSI values.
• Color Customization: Different colors are used to highlight specific conditions, such as when the CCI and RSI cross certain thresholds.

Functionality:

1. CCI and RSI Calculation:

   • The CCI is calculated using the iCCI function, with a customizable period (CCIPeriod) and threshold levels (CCInagyobbmint for above 30, CCIkisebbmint for below -30). The colors of the values are dynamically adjusted depending on whether the CCI is above or below these thresholds.
   • The RSI is calculated using the iRSI function, with a customizable period (RSIPeriod) and threshold levels (RSInagyobbmint for above 80, RSIkisebbmint for below 20). Similar to CCI, the colors for RSI values are adjusted based on these thresholds.

2. Display of Values:

   • For each of the 18 currency pairs (tpairs[]), the indicator displays both CCI and RSI values for 7 different timeframes: M1, M5, M15, M30, H1, H4, and D1.
   • The values are shown on the chart in text form using labels created by ObjectCreate(), and the text color changes based on the thresholds mentioned earlier.

3. Text and Labels:

   • The indicator creates labels on the MT4 chart that display the calculated values for CCI and RSI for each time period.
   • It labels each time period with CCI or RSI followed by the timeframe (e.g., "RSI M1", "CCI H1") and updates the values in real-time.

4. Dynamic Color Adjustment:

   • For both CCI and RSI, the indicator changes the color based on the current value. For example:
     • For CCI: If CCI exceeds the CCInagyobbmint value (e.g., 30), it is colored red, and if it falls below the CCIkisebbmint value (e.g., -30), it is colored lime.
     • For RSI: If RSI exceeds the RSInagyobbmint value (e.g., 80), it is colored red, and if it falls below RSIkisebbmint (e.g., 20), it is colored lime.

Purpose and Usage:

This indicator is helpful for traders using the CCI and RSI indicators to monitor overbought and oversold conditions across various timeframes. By displaying values for multiple pairs and timeframes in a single window, it allows for quick comparison and analysis. Traders can use these readings to identify potential trade opportunities such as:

• Overbought conditions (when CCI or RSI is above the threshold).
• Oversold conditions (when CCI or RSI is below the threshold).

It provides a concise way to monitor the strength and momentum of currency pairs in multiple timeframes, aiding in decision-making for forex trades.