The ASC Trend Indicator is a useful tool for forex traders using the popular MT5 platform. This free indicator helps traders identify trends in the market, making it easier to make informed trading decisions. This indicator works by analyzing price movements and identifying potential trend reversals. When the indicator detects a strong uptrend or downtrend, it will display a colored line on the chart to indicate the direction of the trend. Traders can use this information to enter or exit trades at the right time, maximizing profits and minimizing losses. To use the ASC Trend Indicator, simply add it to your chart in MT5 and adjust the settings to fit your trading style. By following the signals provided by this indicator, forex traders can improve their trading results and stay ahead of the market trends.
MT5
ASC Trend TO
ASC Trend Indicator for MT5 is a popular and useful forex indicator that is available for free. It works by identifying trends in the market, making it easy for traders to spot potential entry and exit points. Traders can use this indicator to improve their trading strategies and make more informed 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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