The Ehlers I-Trend 2 indicator is a useful tool for forex traders. It is a popular free indicator for the MT4 platform and is designed to identify trend direction and strength. The indicator uses a combination of different moving averages to identify the trend, as well as a range of other parameters to determine the trend strength. It then provides a visual representation of the trend in the form of a line, which can be used to make trading decisions. The indicator is easy to use and can be used to help identify entry and exit points for trades. It can also be used to identify support and resistance levels, as well as to identify potential changes in trend direction. The indicator can also be used to identify potential trading opportunities, as it can help to identify when a trend is likely to change direction. It is easy to use and can help to identify entry and exit points for trades, as well as to identify support and resistance levels.
MT4
Ehlers I Trend 2
The Ehlers I-Trend 2 Indicator is a useful and popular Forex indicator for the MT4 trading platform. It is based on the original I-Trend indicator created by John Ehlers, which uses the Hilbert Sine Wave to identify market cycles. The indicator is easy to use and provides traders with an effective way to identify potential trading opportunities.
| Indicator Type | |
|---|---|
| Trading Style | |
| Platform | |
| Timeframe |
Downloads - 3
0
People watching this product now!
Description
Reviews (0)
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.
Related products
Automatic Trendlines
The Automatic Trendlines indicator is a new and popular free to use MT4 indicator designed to automatically draw trendlines on your chart, saving you time and effort. The indicator uses advanced algorithms to determine trendlines based on price movement and can be used on any currency pair or timeframe. The Automatic Trendlines indicator is a useful tool for traders who want to quickly and easily identify trends in their charts.
Cypher Pattern
The Cypher Pattern Indicator is a free and popular Forex indicator for MT4 that is useful for traders looking to identify potential trading opportunities. The indicator works by plotting a series of lines on the chart that represent Fibonacci levels. The lines are then connected to form a pattern, which is the Cypher Pattern. This pattern is used to identify potential trading opportunities and can help traders determine potential entry and exit points.The indicator is easy to use and can help traders make more informed trading decisions.
Sideways Detector
The Sideways Detector Indicator is a powerful and free forex indicator for MT4 that helps traders identify sideways market conditions in real time. It works by analyzing the behavior of the market price and identifying periods of consolidation, range movements and lack of a trend. Traders can use this information to adjust their trading strategies accordingly and avoid unnecessary losses. It is a useful tool for traders of all levels who want to improve their trading performance by staying ahead of market trends.
FX Sniper
The FX Sniper indicator is a new and popular forex indicator available for free on the MT4 platform. It uses advanced algorithms to identify trends and potential trading opportunities. The indicator is easy to use and gives clear signals on when to buy or sell based on market conditions. The FX Sniper indicator is suitable for traders of all levels, from beginners to experienced traders who want to improve their trading performance and profitability.
Dema
The DEMA Indicator is a popular and useful tool in the Forex market. It is a free indicator for the MT4 platform and is widely used by traders to spot trends and make profitable trades. The DEMA Indicator is a trend-following indicator that uses the Double Exponential Moving Average (DEMA) to identify potential buy and sell opportunities. It works by calculating the difference between two exponential moving averages (EMA) of different lengths. When the shorter EMA crosses above the longer EMA, it signals a potential buy opportunity, and when the shorter EMA crosses below the longer EMA, it signals a potential sell opportunity.
Auto Trend Lines Channels
The Auto Trend Lines and Channels Indicator is a popular and free technical analysis tool for traders who use MT4 platform. This indicator automatically draws trend lines and channels on the chart, saving traders time and effort in manually drawing and adjusting these lines.The Auto Trend Lines and Channels Indicator is easy to use, and it works by analyzing the market price action to identify key support and resistance levels.
Reviews
There are no reviews yet.