The Better ASC Trend Indicator is a free and popular MT4 Forex indicator that is useful for all traders. It is designed to help traders identify trend reversals and confirm trend continuations in the Forex market. The indicator uses a combination of moving averages and the Average True Range (ATR) to identify when a trend is likely to reverse or continue. The Better ASC Trend Indicator is easy to use. It plots two lines on the chart, the blue line and the red line. The blue line is a slow moving average and the red line is a fast moving average. When the blue line crosses above the red line, it indicates that the trend is likely to continue. When the blue line crosses below the red line, it indicates that the trend is likely to reverse. The indicator also plots arrows on the chart to indicate when a trend is likely to reverse or continue. The Better ASC Trend Indicator is a useful tool for all traders. It can help traders identify trend reversals and confirm trend continuations in the Forex market. The indicator is easy to use and can be downloaded for free from the MT4 platform.
MT4
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Better ASC Trend
The Better ASC Trend Indicator is a free and popular MT4 Forex indicator that is useful for traders of all levels. The indicator uses a combination of moving averages and oscillators to provide an accurate indication of the trend. It also displays buy and sell signals, as well as support and resistance levels. The Better ASC Trend Indicator is a great tool for traders who are looking for an easy and reliable way to identify and capitalize on market trends.
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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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