The TFS Gann HiLo Activator is a useful and popular free Forex indicator for MT4. It is designed to help traders identify potential entry and exit points in the Forex market. The indicator is based on the Gann HiLo Activator, which uses the Gann HiLo indicator to plot the current trend direction. The indicator also uses a moving average to determine the trend direction and a price range to identify potential entry and exit points. The indicator is easy to use and can be used on any time frame. It plots the current trend direction on the chart, so traders can easily identify potential entry and exit points. The indicator also plots arrows on the chart to indicate potential entry and exit points. The arrows are color-coded to indicate the direction of the trend. The indicator can also be used to identify potential support and resistance levels. The arrows are color-coded to indicate the direction of the trend. The indicator can also be used to identify potential support and resistance levels.
MT4
TFS Gann Hilo Activator
The TFS Gann HiLo Activator forex indicator for MetaTrader 4 is a useful tool for traders who want to identify and react quickly to market trends. The indicator uses two lines to indicate a possible trend reversal. It is a great tool for traders who want to stay ahead of the market and make informed trading decisions.
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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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