The CCI MA X2 Smoothed MTF Indicator is a useful and popular free Forex indicator for the MT4 trading platform. It is based on the Commodity Channel Index (CCI) and uses two moving averages to smooth the CCI values. The indicator can be used to identify trend reversals and trend continuations in the Forex market. The CCI MA X2 Smoothed MTF Indicator works by combining the CCI with two moving averages and then smoothing the values. The CCI is used to measure the strength of a trend, and the two moving averages are used to filter out noise and smooth the values. The indicator also includes a Multi-Time Frame (MTF) feature, which allows traders to view the indicator on different time frames. The CCI MA X2 Smoothed MTF Indicator is a great tool for both beginner and experienced traders. The indicator is easy to use and can be used on any time frame. The indicator is free to download and use, and it is a popular choice among Forex traders.
MT4
CCI MA X2 Smoothed Mtf
The CCI MA X2 Smoothed MTF Indicator is a popular and free Forex indicator for MT4. The indicator uses two moving averages to generate buy and sell signals, as well as a smoothing algorithm to reduce false signals. The indicator is easy to use and can be configured to display different time frames. It is free to use and is a popular choice for Forex 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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