The Forex NN Indicator is a popular and free MT4 indicator that is useful for traders in the Forex market. It is designed to help traders identify profitable trading opportunities and make more informed decisions. The indicator works by analyzing the market conditions and providing traders with signals when a potential trading opportunity is identified. The indicator also provides traders with helpful information such as trend direction, support and resistance levels, and potential entry and exit points. The Forex NN Indicator is easy to use and is designed to be used in conjunction with other indicators and trading strategies. It can be used to identify potential entry and exit points, as well as to identify potential trading opportunities. The indicator can also be used to identify potential support and resistance levels, as well as to identify potential trend direction.
MT4
Forex NN
The Forex NN indicator is a popular and free indicator for MetaTrader 4 (MT4). It is designed to be a useful tool for traders to help them identify potential trading opportunities in the Forex market. The Forex NN indicator can be used on any currency pair and any time frame, making it a versatile and powerful trading tool.
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Category: Stochastic
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Description
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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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