The CCI Custom Candles indicator is a popular and useful tool for forex traders using the MT4 platform. This indicator is free to download and can be easily added to your trading setup. The indicator works by plotting custom candlesticks based on the Commodity Channel Index (CCI) readings. This allows traders to easily visualize the strength and direction of the market trend. To use the CCI Custom Candles indicator, simply add it to your chart and adjust the settings to suit your trading strategy. You can customize the colors and candlestick styles to make it easier to interpret the signals. Overall, the CCI Custom Candles indicator is a valuable tool for forex traders looking to improve their trading performance and make more informed trading decisions.
MT4
Cci Custom Candles
CCI Custom Candles is a popular and useful forex indicator for MT4 that displays custom candlestick patterns based on the Commodity Channel Index (CCI) indicator. It is a free tool that helps traders identify potential trend reversals and trade opportunities. Traders can use this indicator to enhance their trading strategies by incorporating CCI signals into their analysis.
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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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