The CCI Crosses Arrows 2.01 Alerts Indicator is a useful tool for forex traders using the MetaTrader 4 platform. This popular indicator provides alerts when the Commodity Channel Index (CCI) crosses certain levels, indicating potential trend changes. The arrows on the chart help traders easily identify these crossings, making it a valuable tool for both new and experienced traders. The indicator is free to download and use, making it accessible to all traders looking to enhance their trading strategies. To use the indicator, simply add it to your MT4 chart and customize the settings to fit your trading style. When a CCI crossing occurs, the indicator will display an alert, allowing you to act quickly and make informed trading decisions. Overall, the CCI Crosses Arrows 2.01 Alerts Indicator is a handy tool for forex traders looking to improve their technical analysis skills.
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CCI Crosses Arrows 2.01 Alerts
CCI Crosses Arrows 2.01 Alerts Indicator is a popular and useful forex indicator for MT4. This free indicator signals potential trend changes by identifying when the Commodity Channel Index (CCI) crosses over a certain threshold. Traders can use this indicator to help confirm their trading decisions and take advantage of potential market opportunities.
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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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