This useful free Forex indicator for MT4 is a popular tool for traders of all levels. The My 30 Min Trend indicator is designed to identify and confirm trends in the Forex market. It can be used to identify entry and exit points, as well as identify potential trend reversals. The indicator uses a combination of moving averages and price action to identify trends. It also takes into account the average daily range of the currency pair being traded. This helps to identify potential trend reversals and entry points. It is also possible to customize the indicator to fit the individual trader’s needs. The My 30 Min Trend indicator is easy to use and understand. It displays an arrow on the chart to indicate a potential trend reversal. The arrow changes color depending on the direction of the trend. A blue arrow indicates a bullish trend, while a red arrow indicates a bearish trend. It is a popular tool for identifying entry and exit points, as well as potential trend reversals.
MT4
My 30 Min Trend
My 30 Min Trend Indicator is a useful free Forex indicator for the MT4 platform. It is a popular choice among traders, as it helps to identify trends in the Forex market quickly and easily. This indicator works by analyzing historical price data and using mathematical algorithms to produce buy and sell signals. With this indicator, traders can identify trends in the Forex market and take advantage of them to make profitable trades.
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Categories: Signal, 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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