The Zee Zee Indicator is a useful and popular free Forex indicator for MetaTrader 4 (MT4). It is designed to help traders identify momentum and trend reversals in the Forex market. The indicator is composed of two lines, the Zee Line and the Zee Signal Line. The Zee Line is the main indicator line and is used to identify the current trend. The Zee Signal Line is used to confirm the trend and indicate possible reversals. The Zee Zee Indicator works by plotting the current price of the currency pair against the Zee Line. When the price is above the Zee Line, it is considered to be in an uptrend, and when it is below the Zee Line, it is considered to be in a downtrend. The Zee Signal Line is then used to confirm the trend and indicate possible reversals. When the Zee Signal Line crosses above the Zee Line, it is considered to be a bullish signal, and when it crosses below the Zee Line, it is considered to be a bearish signal.
MT4
Zee Zee Indicator
The Zee Zee Indicator is a popular and free Forex indicator for the MT4 platform. The Zee Zee Indicator uses a combination of signals from different indicators, such as the moving average, RSI, and MACD, to generate buy and sell signals. The Zee Zee Indicator is an effective tool for traders looking to maximize their profits in the Forex market.
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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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