The BSI Trend Indicator MT5 is a free and popular Forex indicator that is used by traders worldwide. The BSI Trend Indicator MT5 is a useful tool for traders looking to identify market trends and make informed trading decisions. It is a MetaTrader 5 indicator that uses a combination of momentum and volume analysis to identify potential trend reversals. The BSI Trend Indicator MT5 is designed to be used in both short and long-term trading. It works by analyzing the volume and momentum of the market and then displaying the results in an easy-to-read graph. This graph shows the current trend, whether it is a bullish or bearish trend, and can be used to identify potential entry and exit points. The indicator also includes alerts that can be used to notify traders when a trend is about to reverse. It is free, easy to set up, and can be used to identify potential entry and exit points. It is a popular and useful indicator that is used by many traders around the world.
MT5
BSI Trend
The BSI Trend Indicator MT5 is a powerful and popular free Forex indicator. It is a useful tool for traders, as it helps them identify the trend of the market and make informed trading decisions. The indicator is based on the Bollinger Bands and is designed to show the trend direction and strength. The BSI Trend Indicator MT5 is a powerful and popular free Forex indicator that is useful for traders of all levels. It is easy to install and use, and is able to identify the trend direction and strength of any currency pair.
Trading Style | , |
---|---|
Indicator Type | |
Timeframe | , |
Platform |
0
People watching this product now!
Category: Trend
Downloads - 37
Description
Reviews (0)
Be the first to review “BSI Trend” Cancel reply
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.
Related products
Trend DashBoard
The Trend Dashboard Indicator is a powerful MT4 tool for forex traders who want to keep track of multiple currency pairs and timeframes on one chart. The indicator uses a dashboard to display the trend direction and strength for different currency pairs and timeframes. It also includes an alert feature that can notify traders of potential trading opportunities. With this indicator, traders can save time and stay on top of market trends, allowing them to make informed trading decisions.
Donchian Channel
The Donchian Channel Indicator is a popular forex indicator that is widely used by forex traders to determine trend direction as well as entry and exit points designed to be used in the forex market with the MT4 platform. This indicator is very popular among traders because of its simplicity and efficiency, it works by determining the high and low of the price for a certain period and plotting a channel based on these values. The Donchian Channel Indicator is a popular and effective forex indicator that gives clear market entry and exit signals, making it an essential tool in a successful forex trader's toolbox.
VWAP Bands
Discover the power of the VWAP Bands indicator, which emphasizes volume in its calculation. Gain insights into support and resistance levels, fair value, and trading opportunities. Suitable for all traders, this versatile Metatrader Indicator allows customization across various time frames with adjustable settings for better trading.
Reviews
There are no reviews yet.