The Stoch Cross CCI indicator is a popular and free forex indicator for the MT4 platform. It is a useful tool for traders looking to identify potential trend reversals in the market. The indicator combines two technical indicators, the Stochastic Oscillator and the Commodity Channel Index (CCI), to generate signals. When the Stochastic Oscillator crosses the CCI indicator, it can indicate a change in market direction. Traders can use the Stoch Cross CCI indicator by looking for buy or sell signals when the lines cross. For example, a buy signal may occur when the Stochastic line crosses above the CCI line, indicating a potential uptrend. Conversely, a sell signal may occur when the Stochastic line crosses below the CCI line, signaling a possible downtrend. Overall, the Stoch Cross CCI indicator can be a valuable tool for forex traders looking to make informed trading decisions.
MT4
Stoch Cross CCI
The Stoch Cross CCI Indicator is a popular and useful forex indicator for MT4 that is available for free. This indicator combines the Stochastic oscillator and Commodity Channel Index to provide trading signals based on crossovers. Traders can use this indicator to identify overbought and oversold conditions in the market and make informed trading decisions.
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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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