The TopTahlil Bollinger ATR Bands Indicator is a useful tool for forex traders using the popular MT4 platform. This indicator combines the Bollinger Bands and Average True Range (ATR) indicators to provide a comprehensive view of price volatility and potential trend reversal points. The Bollinger Bands show the upper and lower boundaries of price movements, while the ATR measures market volatility. When used together, these indicators can help traders identify potential entry and exit points for profitable trades. The TopTahlil Bollinger ATR Bands Indicator is available for free download and can be easily added to your MT4 platform. To use the indicator, simply apply it to your chart and adjust the settings to suit your trading style. Watch for price action near the upper and lower bands, as well as spikes in volatility as indicated by the ATR, to make informed trading decisions.
MT4
Toptahlil Bollinger Atr Bands
TopTahlil Bollinger ATR Bands Indicator is a popular and useful forex indicator for MT4. It combines Bollinger Bands and Average True Range to help traders identify potential price reversals and trends. This free indicator is easy to use, providing clear buy and sell signals based on price volatility. Simply add it to your charts and watch for potential trade opportunities.
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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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