The Back to the Future Indicator is a useful tool for forex traders using the MetaTrader 4 platform. This popular indicator is available for free and helps traders identify potential future price movements based on past data. The indicator works by analyzing historical price data to generate signals for potential entry and exit points. Traders can use this information to make informed decisions on when to buy or sell a particular currency pair. To use the Back to the Future Indicator, simply download and install it on your MT4 platform. Once installed, the indicator will display on your charts, providing you with valuable insights into the market trends. Overall, this indicator is a valuable resource for forex traders looking to improve their trading strategies and make more informed decisions in the market.
MT4
Back Future
The Back to the Future Indicator is a useful and popular forex indicator for MT4 that is available for free. This indicator utilizes advanced algorithms to accurately predict future price movements in the forex market. Traders can use this indicator to make informed trading decisions and maximize their profits.
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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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