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Fiji Trend

The Fiji Trend Indicator is a useful and popular free Forex indicator for MT4. It is designed to help traders identify and take advantage of market trends. It uses a combination of technical indicators, such as moving averages, oscillators, and support and resistance levels, to provide a comprehensive overview of the market. The Fiji Trend Indicator is easy to use and provides a great way to gain an edge in the Forex market.

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Description

The Fiji Trend Indicator has emerged as a powerful and popular free tool for traders using the MetaTrader 4 (MT4) platform. This versatile indicator is designed to provide traders with a clear and concise understanding of the market’s current trends, empowering them to make informed trading decisions.

Features of the Fiji Trend Indicator

The key feature of the Indicator is its ability to identify and communicate the direction of the market’s trends. Using a combination of technical analysis tools, including moving averages and ATR, the indicator displays the trend direction through changes in the line color and the addition of signal arrows.

When the indicator detects a buy signal, it changes the line color to blue and draws a green arrow, alerting traders to a potential opportunity to enter the market. Conversely, a sell signal is indicated by a yellow line color and a red arrow, signaling a potential bearish reversal.

This clear and intuitive visual representation of the market’s trends makes the Fiji Trend Indicator a user-friendly tool for traders of all experience levels. Additionally, the indicator’s customizable settings allow traders to tailor the tool to their specific trading strategies, further enhancing its versatility and effectiveness.

How the Fiji Trend Indicator Can Benefit You

The Indicator offers a wealth of benefits to Forex traders, regardless of their experience level. By providing real-time information on the market’s trends, this tool empowers traders to identify potential trading opportunities, spot reversals, and determine appropriate support and resistance levels.

Whether you’re a seasoned trader or a newcomer to the market, the Fiji Trend Indicator can be a valuable asset, helping you to navigate the complexities of the Forex market and potentially enhance your trading performance.

Indicator Settings

Sound alert: This sets whether to receive audio alerts.

Show price box: This allows the indicator to display the price box.

Applied price: This sets the type of price used to calculate the indicator (close price by default).

MA’s period: This sets the moving average period used to calculate the indicator.

MA’s method: This sets the moving average method used to calculate the indicator (default – simple MA).

ATR’s period: This sets the Average True Range period used to calculate the indicator.

Volatility factor or multiplier: This determines how the distance in the past is analyzed.

Conclusion

The Fiji Trend Indicator is a powerful and free tool that can revolutionize the way traders approach the Forex market. By offering a comprehensive and user-friendly solution for trend analysis, this indicator gives traders the edge they need to capitalize on emerging opportunities. Whether you’re looking to refine your existing trading strategy or explore new avenues for growth, the Fiji Trend Indicator is a must-have addition to your trading arsenal. Download the indicator for free and unlock the full potential of the Forex market.

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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:

  1. Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.

  2. Open the MT4/5 terminal and click on “File” in the top left corner.

  3. Select “Open Data Folder” from the dropdown menu.

  4. In the window that opens, double-click on the “MQL4/5” folder.

  5. Double-click on the “Indicators” folder.

  6. Drag and drop the indicator file from your computer into the “Indicators” folder.

  7. Close the data folder window and restart the MT4/5 terminal.

  8. 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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