The CCI Simple Experiment Extended FL Indicator is a useful and popular free Forex indicator for MetaTrader 4 (MT4). The indicator is based on the Commodity Channel Index (CCI) and was designed to help traders identify overbought and oversold market conditions. The indicator helps traders identify potential entry and exit points for their trades. The CCI Simple Experiment Extended FL Indicator works by measuring the current price of a currency pair against its average price over a given period of time. It then compares the current price to the average price and generates a signal when the current price is higher or lower than the average price. When the current price is higher than the average price, the indicator generates a buy signal, and when the current price is lower than the average price, the indicator generates a sell signal. It is a useful and popular free indicator that is easy to use and can help traders identify overbought and oversold market conditions.
MT4
CCI Simple Experiment Extended
The CCI Simple Experiment Extended FL Indicator is a useful and popular free Forex indicator for MT4 trading platforms. The indicator works by measuring the current price of a currency pair against the average price over a user-defined period of time. This indicator is easy to install and use, and it is a great tool for both novice and experienced traders looking for a reliable way to identify potential trading opportunities.
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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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