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CCI Zones NMC

The CCI Zones NMC Forex indicator is a popular and free MetaTrader 4 (MT4) indicator that is useful for traders who want to identify overbought and oversold market conditions. The CCI Zones NMC indicator is a powerful tool that can be used to identify potential buy and sell signals in the Forex market. This indicator is simple to use and can be a useful tool for traders who want to identify profitable trading opportunities in the Forex market.

Indicator Type

Non-repaint

Trading Style

Beginner

Timeframe

Multi Timeframe

Platform

MT4

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Description

The CCI Zones NMC Indicator is a useful and popular free Forex indicator for the MT4 platform. It helps traders identify the overbought and oversold areas of the market, making it easier for them to make informed trading decisions. The indicator works by drawing two lines on the chart, one for overbought and one for oversold. When the price crosses either of these lines, it’s a signal to enter or exit a position. The indicator also displays a histogram which shows the strength of the trend. This allows traders to determine when to enter or exit a trade, as well as gauge the overall trend. The CCI Zones NMC Indicator is easy to use and is a great tool for any trader looking to improve their trading skills. It helps traders identify potential trading opportunities and make informed decisions. With its simple and intuitive design, it is a great choice for 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:

  1. Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.

  2. Open the MT4/5 terminal and click on “File” in the top left corner.

  3. Select “Open Data Folder” from the dropdown menu.

  4. In the window that opens, double-click on the “MQL4/5” folder.

  5. Double-click on the “Indicators” folder.

  6. Drag and drop the indicator file from your computer into the “Indicators” folder.

  7. Close the data folder window and restart the MT4/5 terminal.

  8. 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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