The CHT Value Chart v2.5.3 Indicator is a useful and popular free Forex indicator for MT4. This indicator helps traders to identify potential turning points in the market by displaying the current price relative to a range of historical values. It displays the current price relative to a range of historical values and uses a range of colors to indicate the degree of bullishness or bearishness. The indicator also provides additional information such as the current trend, the average range, and the volatility. The CHT Value Chart v2.5.3 Indicator is easy to install and use. Once installed, the indicator will automatically detect the current chart and display the indicator values for the chart. It also provides several options for customizing the display of the indicator, including the ability to adjust the range of values, the color scheme, and the type of chart. The CHT Value Chart v2.5.3 Indicator is a popular and reliable tool for Forex traders.
MT4
CHT Value Chart V 2 5 3
The CHT Value Chart v2.5.3 indicator is a popular and free forex indicator for MetaTrader 4 (MT4) that is useful for traders of all levels. This indicator is designed to help traders identify potential reversal points in the market, as well as support and resistance levels. It is based on the average true range (ATR) of a given currency pair, and uses a range of values to identify areas of potential support or resistance. It is a great tool for traders who want to get a better understanding of the market and make more informed trading 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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