The Ticker Trail CD Indicator is a useful and popular Forex indicator for MetaTrader 4 (MT4). It is free to download and use, and can be a great addition to any trader’s toolbox. The indicator works by displaying a “trail” of the price action on the chart. It is designed to help traders visualize the direction of the trend and identify potential areas of support and resistance. The indicator displays a line that follows the price action, with the color of the line changing depending on the direction of the trend. The line will be red when the trend is down and blue when the trend is up. The indicator can be used to identify potential entry and exit points for trades. It can also be used to identify potential areas of support and resistance. The indicator can also be used to identify potential areas of overbought and oversold conditions. Overall, the Ticker Trail CD Indicator is a useful and popular Forex indicator for MT4. It is free to download and use, and can be a great addition to any trader’s toolbox. It can help traders identify potential entry and exit points, as well as potential areas of support and resistance.
MT4
Ticker Trail CD
The Ticker Trail CD indicator is a useful and popular Forex indicator for MT4 trading platforms. It is a free indicator that can be used to identify trend direction and momentum. The indicator works by plotting the closing price of a currency pair on the chart. It then plots a line connecting the closing prices on the chart. It is easy to use and has become very popular among Forex traders.
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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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