The I-HighLow Indicator MT5 is a popular and free forex indicator that is useful for traders looking to gain a better understanding of the market. This indicator provides traders with the high and low prices of the market over a given period of time, allowing them to make more informed decisions when trading. The I-HighLow Indicator MT5 is designed to be used on the MetaTrader 5 platform, which is one of the most popular platforms for forex trading. The I-HighLow Indicator MT5 is designed to give traders an overview of the market, allowing them to identify trends and make more accurate predictions. This indicator uses a simple moving average to calculate the high and low prices of the market over a given period of time. The indicator then plots the high and low prices on a chart, allowing traders to easily identify trends and make more informed decisions. Overall, the I-HighLow Indicator MT5 is a popular and free forex indicator that is useful for traders looking to gain a better understanding of the market. This indicator provides traders with the high and low prices of the market over a given period of time, allowing them to make more informed decisions when trading. The indicator is easy to use and customize, and can be used to identify trends and potential support and resistance levels.
MT5
I HighLow Indicator
The I-HighLow Indicator MT5 is a useful and popular free Forex indicator for the MetaTrader 5 platform. The indicator works by plotting two lines on the chart, one for the high and one for the low. The lines are based on the current market prices and represent the highest and lowest points of the current trend. The indicator is easy to use and can be a great tool for traders to identify potential trading opportunities.
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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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