The Gann High Low Activator Indicator is a popular and free Forex indicator that is used to identify the current trend in the markets. It is an effective tool for traders to use in order to identify the direction of the trend and to make informed trading decisions. The indicator is based on Gann’s theories, which were developed in the early 20th century. The Gann High Low Activator Indicator works by plotting two lines on the chart. The first line is the high line and the second line is the low line. These lines are used to identify the current trend in the market. The high line is used to identify the start of a new uptrend, while the low line is used to identify the start of a new downtrend. When the high line crosses above the low line, it indicates that the market is in an uptrend. Conversely, when the low line crosses below the high line, it indicates that the market is in a downtrend. The indicator is easy to use and is available for free on many popular trading platforms, such as MT4. It is also highly popular among traders, as it is a reliable indicator that can help traders to make profitable trades.
MT4
Gann High Low Activator
The Gann High Low Activator Indicator is a popular and free forex indicator for the MT4 platform. The indicator works by plotting a line that follows the highs and lows of the price action. This indicator is easy to use and can be a great way to identify potential entry and exit points in the forex market. It is also free to use and can be a great way to start trading forex.
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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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