The Stoch CCI Arrows Indicator is a useful and popular Forex indicator for MT4, and it’s free. This indicator combines the Stochastic Oscillator and Commodity Channel Index (CCI) to generate accurate buy and sell signals. The Stochastic Oscillator is used to identify oversold and overbought conditions while the CCI helps to identify strong trends. When both of these indicators are combined, they can provide clear buy and sell signals which can help traders to make profitable trades. The Stoch CCI Arrows Indicator is easy to use and can be added to any MT4 chart. Once added, it will display arrows on the chart which will indicate buy and sell signals. The arrows are generated when the Stochastic Oscillator and CCI are both in agreement. When both indicators show an oversold condition, a buy signal is generated. When both indicators show an overbought condition, a sell signal is generated.
MT4
Stoch CCI Arrows
The Stoch CCI Arrows Indicator is a useful and popular free Forex indicator for the MT4 trading platform. The indicator works by combining the two indicators to generate signals when the CCI crosses the Stochastic line. The indicator can be used to identify potential buying and selling opportunities and can be used to trade with a variety of different strategies.
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Category: Signal
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Description
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How to Install
How install MT4/5 indicator in the terminal?
To install an MT4/5 indicator in the terminal, follow these steps:
Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.
Open the MT4/5 terminal and click on “File” in the top left corner.
Select “Open Data Folder” from the dropdown menu.
In the window that opens, double-click on the “MQL4/5” folder.
Double-click on the “Indicators” folder.
Drag and drop the indicator file from your computer into the “Indicators” folder.
Close the data folder window and restart the MT4/5 terminal.
The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.
Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.
And if asks to confirm DLL?
If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.
DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.
If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.
It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.
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