The ASC Trend Indicator is a useful and popular free Forex indicator for MetaTrader 4 (MT4). This indicator uses a combination of moving averages, trend lines, and support and resistance lines to identify the most profitable trading opportunities. It provides traders with an easy-to-follow visual representation of the current trend and the potential entry and exit points. The ASC Trend Indicator uses a combination of price action and technical indicators to determine the trend of the market. It uses a variety of different indicators such as moving averages, Fibonacci retracements, and Bollinger Bands to identify trend lines and support and resistance levels. It is also capable of identifying entry and exit points. The indicator is designed to be user-friendly and can be used by both novice and experienced traders. The ASC Trend Indicator is a popular and useful free Forex indicator for MT4. It is easy to use and provides traders with an easy-to-follow visual representation of the current trend and the potential entry and exit points.
MT4
Asc Trend
The ASC Trend Indicator is a popular and free Forex indicator that is useful for MT4 traders. It is a trend-following indicator that uses the Average Swing Chart to identify the trend and generate signals. It works by analyzing the price action of the market and generating buy and sell signals when the price action changes. It is a powerful tool that can help traders spot profitable opportunities in the Forex market.
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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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