The CCI Double WMA Kinoa Indicator is a popular and useful forex indicator for the MT4 platform. It is free to download and can help traders identify potential market trends and reversals. This indicator combines the Commodity Channel Index (CCI) with double weighted moving averages (WMA) to provide clear signals for entry and exit points. The CCI Double WMA Kinoa Indicator works by analyzing price movements and identifying overbought and oversold conditions in the market. When the CCI line crosses above the WMA line, it indicates a potential uptrend, while a crossover below the WMA line suggests a possible downtrend. Traders can use these signals to make informed decisions on when to enter or exit trades. Overall, the CCI Double WMA Kinoa Indicator is a valuable tool for forex traders looking to improve their trading strategy and maximize profitability.
MT4
Cci Double Wsma Kinoa
CCI Double Wsma Kinoa Indicator is a popular and useful forex indicator for MT4. This free indicator combines Commodity Channel Index (CCI) with Double Weighted Moving Average (WSMA) to provide accurate trading signals. Traders can use this indicator to identify overbought or oversold conditions in the market and make informed trading decisions.
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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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