FX Trender is a popular and useful forex indicator designed for the MT4 platform. This indicator helps traders identify market trends and make informed trading decisions. It is known for its accuracy and reliability in predicting market movements. FX Trender is available for free download, making it accessible to all forex traders. The way FX Trender works is by analyzing price movements and identifying trends in the market. Traders can use this information to determine the direction of the market and decide when to enter or exit trades. This indicator is easy to use and can be customized to suit individual trading strategies. By incorporating FX Trender into their trading arsenal, traders can improve their success in the forex market.
MT4
FX Trender
FX Trender is a useful forex indicator for MT4 that is popular among traders for its accurate trend detection. This free indicator works by analyzing price movements to identify trends and provide entry/exit signals. Traders can use FX Trender to make informed trading decisions and improve their overall profitability.
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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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