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SIG CCI Indicator

The Sig CCI indicator is a popular and free Forex indicator for the MT4 trading platform. It can also be used to identify when a currency pair is overbought or oversold. The Sig CCI indicator is a great tool for any trader looking to improve their trading strategy.

Trading Style

Beginner

Indicator Type

Entry Exit

Timeframe

Multi Timeframe

Platform

MT4

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Description

The Sig CCI Indicator is a popular and free Forex indicator for the MT4 platform. It is a useful tool for traders looking to identify potential entry and exit points in the market. The Sig CCI Indicator uses a combination of the Commodity Channel Index (CCI) and the Stochastic Oscillator (Stoch) to generate buy and sell signals. The indicator signals when the CCI crosses above or below the Stochastic Oscillator. It also provides traders with visual alerts when the CCI is in an overbought or oversold condition. The Sig CCI Indicator is a powerful tool for traders looking to maximize their profits in the Forex market. It is easy to use and can be applied to any currency pair. By using the indicator to identify entry and exit points, traders can increase their chances of making successful trades.

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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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