The Gideos ATR indicator is a useful and popular free Forex indicator for the MT4 platform. It provides traders with a simple and easy-to-use tool to measure the Average True Range of any currency pair. The ATR is a measure of volatility, and the Gideos ATR indicator can help traders identify potential changes in the market. The Gideos ATR indicator works by calculating the average true range of any currency pair over a given period of time. It then plots the ATR values on a chart, allowing traders to quickly and easily identify potential changes in the market. The indicator also provides traders with a visual representation of the ATR, making it easy to spot potential trading opportunities. The Gideos ATR indicator can be used in a variety of ways. Traders can use it to identify potential trading opportunities, as well as to set stop-loss and take-profit levels. The indicator can also be used to identify potential trend reversals and to set appropriate entry and exit points. It provides traders with a simple and easy-to-use tool to measure the Average True Range of any currency pair, allowing them to quickly and easily identify potential trading opportunities.
MT4
Gideos ATR
Gideos ATR indicator is a free and popular Forex indicator for MetaTrader 4 (MT4) trading platform. It is an extremely useful tool for traders who want to measure the volatility of a currency pair. The Gideos ATR indicator is a great tool for traders who want to measure the volatility of a currency pair and use it to their advantage.
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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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