The CCI Histogram Volume Indicator MT5 is a free and popular Forex indicator that is useful for traders of all levels. The indicator is designed to help traders identify market trends and potential entry and exit points. It works by measuring the volume of price movements in relation to the volume of price movements in the past. The indicator is based on the Commodity Channel Index (CCI) and uses a histogram to display the volume of price movements. The CCI Histogram Volume Indicator MT5 is a versatile tool that can be used in various ways. It can be used to identify market trends, and to spot potential entry and exit points. Traders can use the indicator to identify overbought and oversold conditions, and to identify potential breakouts and reversals. The indicator can also be used to identify support and resistance levels, and to identify potential trading opportunities. It can also be used to identify overbought and oversold conditions, and to identify potential breakouts and reversals. The indicator is an invaluable tool for any Forex trader.
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CCI Histogram Volume
The CCI Histogram Volume Indicator MT5 is a popular and free Forex indicator that is useful for traders of all levels. This indicator is based on the Commodity Channel Index (CCI) and uses a histogram to measure the strength of the trend. This indicator is a great tool for traders who want to identify the strength of the trend and make informed trading decisions.
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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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