The AW Turtles Indicator for MT5 is a popular and useful forex indicator that is available for free. It is based on the famous turtle trading strategy and helps traders identify trend direction and potential entry points in the market. This indicator works by plotting a series of colored dots on the chart, with each color representing a different aspect of the trend. Traders can use these dots to determine when to enter or exit trades, helping them to maximize profits and minimize losses. To use the AW Turtles Indicator, simply add it to your MT5 platform and apply it to your desired chart. Then, look for patterns in the colored dots to make informed trading decisions. Whether you are a beginner or an experienced trader, this indicator can help you navigate the forex market with confidence.
MT5
AW Turtles
AW Turtles Indicator MT5 is a popular and useful forex indicator for traders. It is a free tool that helps identify trends in the market by analyzing price movements. This indicator works by tracking the highs and lows of the price to generate signals for buying or selling. Traders can use this indicator to make informed trading decisions based on the trend direction.
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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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