Hello, traders & chronic indicator testers like me: I have something to pass along that I've been using as one component of the trade system I've been honing for quite some time now. Perhaps it will be of value to you or at least get your gears turning in a way you've not thought about before. This component is not by itself a trade system, and it doesn't stand alone as a provider of trade signals - instead, I've found it useful to foretell whether the market is going to trend or is going to range, and adjust my strategy to those conditions.

I've attached a series of Common Complex Frame Percent indicators, all found here in the forum. They are a type of currency slope strength indicator, weighing the relationship of two on-chart currencies against each other, or even displaying all the majors in one display. Currency slope strength indis can sometimes be rather CPU-intensive, but CCFp is mercifully lightweight on MT4's memory load, allowing a reasonably modern computer to run multiple instances of it in various MTF modes in a single subwindow to display in what I call a "knotwork." The knotwork looks like a mess on first glance, but with study and experience watching it alongside your trade system, it will make sense. I'll distill some insights in this thread which are the product a few thousand hours of using CCFp knotwork in various trade plans, and I'll spread them across a few posts in this thread instead of flooding this first post with it all.

I will not provide templates because I organize all my indicators in subfolders within my "MT4 > Indicators" directory, so unless you were to use my same folder naming scheme, my templates wouldn't load on your system. So instead, I'll simply explain how to layer them on your chart.

I trade the M1 chart; I'm a scalper, so my examples will be based M1, but you can expect the relationship of the CCFps to behave similarly no matter what your preferred timeframe. The goal is to present your preferred-timeframe CCFp, then another one timeframe out from it, then another two timeframes out, then another by three timeframes out. I also like the aesthetic of providing a "shadowed" line for each indi but the code does not provide for declaring a shadow width or color, so I made duplicates of each indi with the name "shadow" appended, colorized all the lines black, and made them all wider.

So if you want the look of my subwindow, you'll add them in this reverse order sequence to cause the highest MTF (the +3 timeframe) to appear most to the background, then the +2 in front of that, then the +1, then the current timeframe gets added last to layer them in the preferred order. "Blank" is a contentless indi that I place first in my subwindows so that even if I delete everything except it, the subwindow doesn't disappear - this is useful if you don't want to lose the window height / arrangement to load new indis in it.

I'll load the CCFp H1 Shadow then its overlapping CCFp H1, then the CCFp M15 Shadow and CCFp M15, then CCFp M5 Shadow and CCFp M5, and finally CCFp M1 Shadow and then CCFp M1. The resulting subwindow looks like this:

Here are the various CCFPs:
And the "blank" subwindow-preserving indi:
More to come in subsequent posts. I will be writing from a position of using M1 charts, but if you prefer layering M15 / H1 / H4 / D1 on an M15 chart, feel free. If you want these same CCFp indis as W1 and MN1, you'll have to make them. Save copies of any of the of the CCFps, rename them accordingly, and modify the timeframes / line widths to your liking, either in the settings or in the code directly. I never use those high timeframes so I never made W or MN versions.