The Silence Indicator is a popular and free Forex indicator for MetaTrader 4 (MT4) that enables traders to identify trends in the market. It’s useful for traders who are looking for an easy way to spot potential trading opportunities. The Silence Indicator is based on a combination of moving averages and oscillators. It uses a number of different parameters to create a unique indicator that helps traders identify trends. The indicator is designed to identify the direction of the trend and the strength of the trend. It also provides traders with signals when the trend is about to reverse. The Silence Indicator is easy to use and can be applied to any time frame. It can be used to identify short-term and long-term trends. It also provides traders with the ability to identify entry and exit points. It’s a great tool for traders who are looking for an easy way to spot potential trading opportunities.
MT4
Silence Indicator
The Silence Forex Indicator is a popular and free MT4 tool that is useful for all Forex traders. It works by analyzing the price action of the markets and then displaying the most important patterns in a graphical form. This indicator can help traders make more informed trading decisions 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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