The ASC Trend Indicator MT5 is a popular and free Forex indicator that can be used to help traders identify trends in the market. The indicator works by analyzing price action and using a combination of moving averages and other technical indicators to generate signals. The signals are then used to determine when to enter or exit a trade. The indicator is especially useful for traders who want to identify short-term trends and take advantage of them. The indicator is easy to use and can be applied to any chart in the MT5 platform. It can be used on any time frame, from 1 minute to 1 month, and can be applied to any currency pair, stock, or commodity. The indicator is also customizable, allowing traders to adjust the parameters to suit their trading style. It is a popular and free indicator that can help traders identify trends and make profitable trades.
MT5
ASC Trend
The ASC Trend Indicator MT5 is a free and popular Forex indicator that is useful for traders of all levels. This indicator is designed for the MT5 platform and is a great tool for traders to identify the trend of the market. It uses a combination of moving averages to identify the direction of the trend and can be used to determine when to enter and exit a position. It can be used to identify support and resistance levels and can help traders make more profitable trades.
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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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