The iTrend Lines Break Indicator is a popular and useful free Forex indicator for MT4. It is used to identify and visualize potential breakouts in price action. The indicator can be used to identify breakouts of support and resistance levels. It plots two lines on the chart, one for the support and one for the resistance. When the price action breaks either of these lines, it can signal a potential breakout. The indicator can also be used to identify trend reversals. When the price action breaks both the support and resistance lines, it can signal a potential trend reversal. The indicator is easy to use and can be used by both experienced and novice traders. It is a great tool to help traders identify potential breakouts and trend reversals in the Forex market.
MT4
Itrend Lines Break
The iTrend Lines Break Indicator is a useful and popular free Forex indicator for MT4. The indicator plots two lines on the chart that represent the support and resistance levels. By using the iTrend Lines Break Indicator, traders can easily identify potential trading opportunities and maximize their profits.
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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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