The TSV Bullish Bearish Forex Indicator is a popular and free MT4 indicator that is useful for traders who want to identify potential trend reversals. This indicator is designed to quickly identify bullish and bearish signals on any currency pair. It uses a combination of moving averages, trend lines and support/resistance levels to identify potential trend reversals in the market. The indicator will display a red or green arrow at the bottom of the chart when a potential trend reversal is detected. The arrows will indicate whether the trend is bearish or bullish. The indicator is easy to use and can be applied to any timeframe. It is also easy to customize, allowing traders to adjust the settings to suit their individual trading style. The indicator is especially useful for traders who are looking for short-term trades, as it can help identify potential trend reversals before they occur. This indicator is free to download and use, making it a popular choice among traders.
MT4
TSV Bullish Bearish
The TSV Bullish Bearish Forex indicator is a popular and free MT4 indicator that is useful for traders of all levels. It works by calculating the difference between the two moving averages and then displaying it as a histogram that is either bullish or bearish. It is a great tool for traders who want to take advantage of the Forex market without the need for complex analysis.
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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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