The FX Fish Indicator is a popular, useful and free forex indicator for the MT4 platform. It is designed to help traders spot potential trading opportunities in the forex market. The indicator works by analyzing the market conditions and providing signals based on the fisher transform indicator. This indicator is known for its ability to identify trend reversals and market cycles. To use the FX Fish Indicator, traders can simply attach it to their MT4 charts and follow the buy or sell signals that it generates. When the indicator turns green, it suggests a bullish trend, indicating that it might be a good time to buy. Conversely, when it turns red, it suggests a bearish trend, indicating that it might be a good time to sell. The FX Fish Indicator is a valuable tool for forex traders looking to improve their trading decisions. Its easy-to-use interface, accurate signals, and compatibility with the widely-used MT4 platform make it a popular choice among traders of all experience levels.
MT4
FX Fish
FX Fish Indicator is a popular and useful forex indicator for MT4. It is a free tool designed to assist forex traders in their analysis and decision-making process. With its advanced algorithm, the indicator provides valuable insights into market trends and potential entry/exit points. It is simple to use, making it suitable for both novice and experienced traders. Enhance your forex trading strategies with the FX Fish Indicator.
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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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