The Fractal Adjustable Period Trend Lines indicator is a useful tool for forex traders using the MetaTrader 4 platform. This popular indicator is designed to identify trends in the market by drawing trend lines based on fractal patterns. Traders can adjust the period of the indicator to suit their trading style and preferences. The indicator is free to download and easy to use, making it a valuable tool for both new and experienced traders. To use the indicator, simply add it to your MT4 platform and adjust the period setting to your liking. Once applied to your chart, the indicator will draw trend lines based on fractal patterns, helping you identify potential entry and exit points. Overall, the Fractal Adjustable Period Trend Lines indicator is a versatile tool that can enhance your trading strategy in the forex market.
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Fractal Adjustable Period Trend Lines
Fractal Adjustable Period Trend Lines Indicator is a useful forex indicator for MT4 that is popular among traders for its effectiveness in identifying trends. This free indicator works by drawing trend lines based on fractal patterns, helping traders spot potential entry and exit points. Simply attach the indicator to your chart and adjust the period setting to suit your trading style.
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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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