Gentor CCI v2 is a useful and popular free Forex indicator for the MT4 trading platform. It is based on the Commodity Channel Index and is designed to help traders identify and take advantage of overbought and oversold conditions in the market. The indicator is easy to use and can be used to generate buy and sell signals. The Gentor CCI v2 indicator is based on the Commodity Channel Index which was developed by Donald Lambert. The CCI is a momentum indicator that measures the strength of price movements. The indicator will generate buy and sell signals when the price moves beyond the overbought and oversold levels. The indicator can also be used to identify divergences between price and the CCI which can be used to identify potential reversals in the market. Overall, the Gentor CCI v2 indicator is a useful and popular free Forex indicator for the MT4 trading platform. It is based on the Commodity Channel Index and is designed to help traders identify and take advantage of overbought and oversold conditions in the market. The indicator is easy to use and can be used to generate buy and sell signals.
MT4
Gentor CCI V2
The Gentor CCI V2 Forex Indicator is a popular and useful tool for traders in the MT4 trading platform. It is a free indicator that works to identify when the market is overbought or oversold. The indicator uses a complex algorithm to analyze the price action of the currency pair and generate signals when the market is either overbought or oversold.
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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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