The TDS TDI Slope Alert Indicator is a free and popular forex indicator for MetaTrader 4 (MT4) trading platform. It is a useful tool for traders to identify trend direction and strength, as well as the potential for trend reversals. The indicator is simple to use and can be used to trade any currency pair. The indicator is based on the TDI (Trader’s Dynamic Index) indicator and uses the slope of the TDI to generate buy and sell signals. It is designed to identify trend direction and strength, as well as the potential for trend reversals. When the TDI Slope is increasing, it indicates that the trend is strong and the potential for a reversal is low. Conversely, when the TDI Slope is decreasing, it indicates that the trend is weakening and the potential for a reversal is high. It is a great tool for traders of any skill level, and is especially useful for scalping and day trading.
MT4
Tds Tdi Slope Alert
The TDS TDI Slope Alert Indicator is a useful and popular free Forex indicator for MT4. The indicator displays the current slope of TDI as well as the direction of the slope. It is a great tool for any trader who wants to stay informed of changes in the TDI Slope.
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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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