The GG RSI CCI Indicator MT5 is a popular and free forex indicator that is useful for traders of all levels. It works by combining the Relative Strength Index (RSI) and Commodity Channel Index (CCI) to identify the best entry and exit points for a trade. The indicator is designed to help traders identify overbought and oversold conditions, as well as potential reversals in the market. The GG RSI CCI indicator is easy to install and use. Once installed, it displays the RSI and CCI values on the chart. The RSI is used to measure the momentum of the price movement and the CCI is used to identify potential reversals. When the RSI and CCI values are combined, they can provide traders with a powerful tool for finding the best entry and exit points for a trade. By combining the RSI and CCI values, the indicator can provide traders with a powerful tool for finding the best entry and exit points for a trade.
MT5
GG RSI CCI
The GG RSI CCI Indicator for MT5 is a popular and useful free Forex indicator. The indicator plots the RSI and CCI values on the same chart, allowing traders to easily compare and contrast the two indicators. The indicator is easy to use and can be used by both novice and experienced 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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