Trend Mirror is a popular and useful forex indicator for MT4 that provides traders with valuable insights into market trends. This indicator is widely used by forex traders to identify the direction of price movements and make more informed trading decisions. Trend Mirror works by displaying a visual representation of the current trend on the price chart, making it easy for traders to spot potential trading opportunities. It uses a combination of moving averages and other technical indicators to accurately determine the market trend. To use Trend Mirror, simply add it to your MT4 chart and adjust the settings to suit your trading strategy. The indicator will then provide you with real-time data on market trends, helping you to stay ahead of the curve and maximize your profits. Best of all, Trend Mirror is completely free to use, making it an essential tool for any forex trader looking to improve their trading performance.
MT4
Trend Mirror
Trend Mirror is a popular and useful forex indicator for MT4 that provides real-time trend direction information. This free tool simply reflects the current trend on the chart, making it easy for traders to identify and follow market trends. Its straightforward design allows traders to quickly analyze price movements and make informed trading decisions based on the trend direction displayed.
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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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