MA Angle Counting Indicator is a useful and popular free Forex indicator for MT4 that helps traders identify and count the number of angles present in a given chart. This indicator is especially useful for traders who are looking to identify trend changes. By counting the angles on a chart, traders can more easily identify when a trend is about to reverse. The indicator works by counting the number of angles present in a chart and displaying the result in a small window. It also plots the angles on the chart itself, which makes it easier to identify potential trend reversals. The indicator is customizable, so traders can adjust the settings to suit their trading style and preferences. MA Angle Counting Indicator is a popular and useful free Forex indicator for MT4. It helps traders identify and count the number of angles present in a given chart, making it easier to identify potential trend reversals. The indicator is customizable and easy to use and can be used in any time frame.
MT4
MA Angle Counting
MA Angle Counting Indicator is a useful and popular free Forex indicator for MT4 that helps traders identify and count the number of angles present in a given chart. The indicator works by counting the number of angles present in a chart and displaying the result in a small window. It is also useful for identifying support and resistance levels, potential entry and exit points, and potential price targets and stop-loss levels.
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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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