The CCI Custom Candles 2 Alerts MTF Indicator is a useful tool for forex traders who use the MetaTrader 4 platform. This popular indicator is free to download and provides valuable insights into market trends. This indicator works by displaying custom candle patterns based on the Commodity Channel Index (CCI) indicator, which helps traders identify potential entry and exit points. It also includes alerts to notify traders of potential trading opportunities. The multi-timeframe feature allows traders to see candle patterns across different timeframes, helping to confirm signals and make more informed trading decisions. To use the CCI Custom Candles 2 Alerts MTF Indicator, simply download and install it on your MT4 platform. Then, monitor the custom candle patterns and alerts to help guide your trading strategies.
MT4
Cci Custom Candles 2 Alerts
CCI Custom Candles 2 Alerts MTF Indicator is a useful forex indicator for MT4 that is popular among traders. It is free to use and provides alerts based on the Commodity Channel Index (CCI) indicator. This indicator displays custom candles on the chart and can be used for multiple time frames. Traders can utilize it to identify potential buy or sell signals in the market.
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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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