The BinaryComodo Forex indicator is a popular and free MT4 indicator that is useful for any trader. It is designed to provide traders with an easy way to identify trends and entry points in the forex market. This indicator is based on the popular ADX indicator and uses a combination of moving average and Bollinger Bands to generate signals. The indicator is easy to use and can be used to identify both short-term and long-term trends. The indicator is designed to provide traders with an easy way to identify entry and exit points in the market. The indicator will show traders when the market is trending and when it is not. It also provides traders with an indication of the strength of the trend. This can be used to identify when to enter and exit a trade. Additionally, the indicator can be used to identify potential support and resistance levels. Overall, the BinaryComodo Forex indicator is a popular and free MT4 indicator that is useful for any trader. It is designed to provide traders with an easy way to identify trends and entry points in the forex market. This indicator is easy to use and can be used to identify both short-term and long-term trends. Additionally, it can be used to identify potential reversals in the market and potential support and resistance levels.
MT4
Binarycomodo Binary Options
The BinaryComodo Forex Indicator is a popular and free MT4 indicator that is useful for all Forex traders. It helps to identify entry and exit points, as well as to identify trends in the market. This makes it an ideal tool for both novice and experienced traders alike.
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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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