Cynthia’s Trend Bars Indicator is a useful and popular free Forex indicator for MT4. It is designed to help traders identify trend direction and strength, and also to determine potential trend reversals. The indicator uses a combination of three different indicators to accurately identify trend direction and strength. The first indicator is the Moving Average Convergence Divergence (MACD), which is used to measure momentum. The second indicator is the Relative Strength Index (RSI), which is used to identify overbought and oversold conditions. Finally, the indicator also uses a Parabolic SAR to identify potential trend reversals. When all three indicators are combined, traders can get a better understanding of the overall trend direction and strength. The indicator also provides visual cues such as arrows and colored bars to help traders identify potential trend reversals. Additionally, the indicator can be used to determine entry and exit points in the market. This indicator is free to download and use on the popular MT4 platform.
MT4
Cynthias Trend Bars
Cynthia’s Trend Bars Indicator is a useful and popular free MT4 Forex indicator. It is designed to help traders identify and follow trends, by displaying colored bars on the charts. It is a great tool for traders of all levels, from beginner to expert.
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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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