The Trend Strength Trio Indicator is a popular and free Forex indicator for the MetaTrader 4 (MT4) trading platform. This useful indicator is designed to help traders identify the strength of a trend and make better trading decisions.The Trend Strength Trio Indicator is based on three separate indicators: the ADX, Parabolic SAR, and the Moving Average. The ADX indicator measures the strength of a trend, while the Parabolic SAR and Moving Average indicators help to identify entry and exit points. The Trend Strength Trio Indicator combines these three indicators into one, making it easier for traders to make informed decisions. The indicator can be used to identify the strength of a trend and the direction of a price movement. The indicator will show a green line when the trend is strengthening, and a red line when the trend is weakening. The indicator also displays an arrow when a new trend is forming. This helps traders identify when to enter or exit a trade. The indicator is free and easy to use, and is available for the MetaTrader 4 trading platform.
Trend Strength Trio
The Trend Strength Trio indicator is a powerful and useful Forex trading tool for MT4. The fast line is the most sensitive and reacts quickly to price changes, while the slow line is the least sensitive and reacts slowly to price changes. With the help of this indicator, traders can easily identify the trend and its strength, and can 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.