The Better Volume 1.5 indicator for MT5 is a popular and free Forex indicator that is useful for traders of all levels. It is designed to help traders identify potential trading opportunities by providing a visual representation of the volume of trading activity in the market. The indicator shows the volume of trading activity by plotting a histogram on the chart. The histogram is made up of vertical bars that represent the total volume of trading activity in the market. The bars are color-coded to indicate whether the volume of trading activity is increasing or decreasing. The indicator also displays the current volume of trading activity in the market along with the average volume of trading activity over a specified time frame. This allows traders to identify trends in the market and determine whether there is an increase or decrease in the volume of trading activity. The indicator also allows traders to set alerts to notify them when the volume of trading activity reaches a certain level. It is a popular and useful Forex indicator that can help traders identify potential trading opportunities and make more profitable trades.
MT5
Better Volume 1.5
The Better Volume 1.5 Indicator MT5 is a popular and useful Forex trading tool. It is free to use and provides traders with real-time data on market liquidity and volume. The indicator works by analyzing the volume of a security over a period of time and then displaying the results in a visual format. The Better Volume 1.5 Indicator MT5 is an invaluable tool for any Forex trader looking to increase their success rate.
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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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