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Gann Multi Trend

The Gann Multi Trend Indicator is a useful and popular free Forex indicator for MT4. The indicator works by overlaying several different moving averages on the chart, which helps to identify the trend direction and strength. It also uses other technical indicators such as MACD and RSI to provide additional signals. The indicator is easy to use and is suitable for both short-term and long-term trading. The Gann Multi Trend Indicator is a great tool for traders who are looking for reliable and accurate trend analysis.

Trading Style

Beginner

,

Intraday

Indicator Type

Entry Exit

Timeframe

Multi Timeframe

Platform

MT4

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  • How to Install
Description

Gann Multi Trend Indicator is a useful and popular free Forex indicator for MT4 trading platforms. It is designed to help traders identify trends in the Forex market and make informed trading decisions. The Gann Multi Trend Indicator uses a combination of time-based and price-based calculations to detect and display trends in the market. It takes into account multiple time frames, such as the daily, weekly, and monthly charts, to help traders identify the direction of the trend. The indicator also uses a range of technical indicators to help traders identify potential trading opportunities. These include the Moving Average Convergence/Divergence (MACD) and Relative Strength Index (RSI). The Gann Multi Trend Indicator also includes a range of customizable parameters, such as the number of periods used for the calculations and the type of trend being identified. This allows traders to customize the indicator to suit their individual trading style and preferences. Overall, the Gann Multi Trend Indicator is a useful and popular free Forex indicator for MT4 trading platforms.

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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:

  1. Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.

  2. Open the MT4/5 terminal and click on “File” in the top left corner.

  3. Select “Open Data Folder” from the dropdown menu.

  4. In the window that opens, double-click on the “MQL4/5” folder.

  5. Double-click on the “Indicators” folder.

  6. Drag and drop the indicator file from your computer into the “Indicators” folder.

  7. Close the data folder window and restart the MT4/5 terminal.

  8. 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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