The VR Figura Indicator is a useful and popular free Forex indicator for MT4. This indicator helps traders identify potential entry and exit points in the Forex market. It does this by displaying the current trend of the market and the current volatility. The indicator also provides visual cues to help traders identify where the trend is going and when to enter or exit the market. The indicator works by displaying the current trend of the market in the form of a histogram. The histogram is composed of a series of bars that indicate the current trend. The longer the bar, the stronger the trend. When the trend is strong, the indicator will display a red bar, and when the trend is weak, the indicator will display a green bar. This helps traders identify the current trend of the market and decide when to enter or exit the market. It is a great tool for any trader looking to make profitable trades in the Forex market.
MT4
VR Figura
VR Figura Indicator is a popular free Forex indicator for the MetaTrader 4 (MT4) platform. It is designed to provide traders with a clear indication of when the market is overbought or oversold, and when a trend reversal is likely. With its intuitive design, it is one of the most popular indicators available on the MT4 platform.
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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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