The Cleon Heiken Ashi Indicator is a popular and free Forex indicator for MT4 that provides useful information about the market trend. The indicator is based on Heiken Ashi candles and uses the Heiken Ashi Smoothing technique to smooth the price data and make it easier to identify market trends. The indicator is designed to identify trends in the market, and it is especially useful for traders who want to spot trend reversals. The indicator works by plotting Heiken Ashi Smoothed candles on the chart, which are then used to identify reversals in the trend. The indicator also helps traders identify support and resistance levels, and it can be used to identify entry and exit points. The Cleon Heiken Ashi Indicator is a great tool for traders who want to get an edge in the Forex market. It is easy to use and provides traders with valuable information about the market trend. The indicator can help traders make better decisions and increase their chances of success in the Forex market.
Cleon Heiken Ashi
The Cleon Heiken Ashi Forex Indicator is a popular and useful MT4 indicator that can help traders to identify trends and read price action more accurately. It is a free indicator that is easy to install and use, and it is becoming increasingly popular among Forex traders. The indicator also provides traders with visual signals that can help to identify trend reversals or potential entry and exit points. With the Cleon Heiken Ashi indicator, traders can gain a better understanding of the market and make more informed trading decisions.
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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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