The CCI NMA Level Crossing Alerts Arrows indicator is a useful tool for forex traders using the MT4 platform. It is a popular choice among traders due to its reliability and accuracy in detecting potential trend reversals. The indicator provides alerts and displays arrows on the chart whenever there is a crossover of the CCI (Commodity Channel Index) and NMA (Nonlag Moving Average) levels, helping traders to identify buying and selling opportunities. To use the indicator, simply install it on your MT4 platform and attach it to the chart of the currency pair you are trading. The alerts and arrows will then appear on the chart, guiding you on when to enter or exit trades based on the CCI and NMA level crossovers. Best of all, this indicator is available for free, making it accessible to all forex traders looking to improve their trading strategies.
MT4
CCI NMA Level Crossing Alerts Arrows
CCI NMA Level Crossing Alerts Arrows Indicator is a popular and useful forex indicator for MT4. It provides alerts and arrows when the CCI indicator crosses the NMA level, helping traders identify potential entry and exit points. This free indicator is easy to use and can enhance trading strategies for forex traders.
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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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