CCI Bar Chart v2 is a useful and popular Forex indicator for MT4. It is free and easy to use, making it a great choice for beginner and expert traders alike. The indicator works by plotting a line on your chart that shows the current trend of the currency pair. It also shows the strength of the trend and the direction of the trend. The CCI Bar Chart v2 indicator is based on the Commodity Channel Index (CCI) indicator. This indicator is used to measure the strength of a trend and to identify potential entry and exit points. The CCI Bar Chart v2 indicator plots a line that shows the current trend of the currency pair. It also shows the strength of the trend and the direction of the trend. The indicator is easy to understand and can be used in combination with other indicators to help identify entry and exit points. Overall, the CCI Bar Chart v2 indicator is a useful and popular Forex indicator for MT4. The indicator is easy to use and can be used to make informed trading decisions.
MT4
CCI Bar Chart V2
The CCI Bar Chart v2 Indicator is a useful and popular Forex indicator for MT4. The indicator works by displaying the Commodity Channel Index (CCI) values on the chart as colored bars. It is easy to use and can be a great addition to any trader’s toolkit.
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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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