The CCI Trigger Indicator for MT4 is a popular and free forex indicator that is useful for traders of all levels. It is designed to help traders identify potential entry and exit points in the forex market. The indicator works by measuring the Commodity Channel Index (CCI) of a given currency pair and displaying the results in a visual format. The CCI Trigger Indicator is designed to be used in conjunction with other indicators, such as moving averages, to help traders find the best entry and exit points. The CCI Trigger Indicator is easy to use and can be applied to any chart. Once the indicator is applied, the user will be able to see a line that indicates the CCI of the currency pair. When the line crosses above or below certain levels, the indicator will give an alert that a potential entry or exit point has been identified. This alert will help traders to make the best decisions about when to enter or exit the market. The indicator is easy to use and can be applied to any chart, and it can also be used to identify potential reversals in the market.
MT4
CCI Trigger
The CCI Trigger Indicator for MT4 is a popular and free Forex indicator that is useful for traders of all levels. It is designed to help traders identify the entry and exit points of their trades. The indicator works by measuring the Commodity Channel Index (CCI) and then comparing it to a line of support and resistance. The CCI Trigger Indicator for MT4 is easy to install and use, making it a popular choice among 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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