The I Gentor CCI Indicator is a useful tool for forex traders using the MT4 platform. This popular indicator is known for its ability to accurately measure market momentum and identify overbought or oversold conditions. The best part is that it’s completely free to use, making it a valuable asset for both beginner and experienced traders. The indicator works by analyzing the Commodity Channel Index (CCI) in order to provide clear buy and sell signals. It helps traders spot potential trend reversals and make informed trading decisions. To use the I Gentor CCI Indicator effectively, traders can look for divergences between price and the indicator, as well as oversold or overbought conditions. Overall, the I Gentor CCI Indicator is a trusted tool in the forex community for its reliability and ease of use, making it a must-have for any trader looking to improve their trading strategy.
MT4
I Gentor CCI
Gentor CCI Indicator is a popular and useful forex indicator for MT4 that is available for free. It measures the Commodity Channel Index to identify overbought and oversold conditions in the market. Traders can use it to spot potential trend reversals and make more informed trading decisions. By incorporating the Gentor CCI Indicator into their analysis, traders can improve their overall trading strategy.
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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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