The Wajdyss Comparison Indicator is a useful free Forex indicator for the MT4 platform. It is one of the most popular indicators available, and provides traders with a powerful tool to help them make better trading decisions. The indicator compares the current market conditions with historical data to provide an indication of the current trend. It is easy to use and allows traders to quickly identify potential trading opportunities. The Wajdyss Comparison Indicator uses a combination of moving averages and price action to compare the current market conditions with historical data. This helps traders to identify potential trading opportunities by spotting divergences between the current market conditions and the historical data. The indicator also provides insight into the strength of the current trend by displaying the relative strength of the current market conditions compared to the historical data. By combining moving averages and price action, the indicator is able to provide traders with insight into the strength of the current trend.
The Wajdyss Comparison Indicator is a popular and free forex indicator for the MT4 platform. This useful indicator is used to compare the price action of multiple currency pairs in a single window. This indicator is a great tool for traders who want to analyze the performance of multiple currency pairs and 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.