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Logarithmic Rate Return

The Logarithmic Rate of Return Indicator for MT4 is a popular and free Forex indicator that is useful for traders of all levels. The indicator works by taking the logarithmic of the rate of return in order to smooth out the data and make it easier to read. With this indicator, traders can easily identify potential opportunities in the market and make informed decisions.

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Description

The Logarithmic Rate of Return Indicator emerges as a powerful and free resource that can provide valuable insights into the growth and profitability of their trading strategies.

Features of the Logarithmic Rate of Return Indicator

The Logarithmic Rate of Return Indicator is a comprehensive technical analysis tool designed to assist Forex traders in tracking the rate of return on their investments. This innovative indicator utilizes a green logarithmic scale to calculate the return rate, ensuring greater accuracy and reliability compared to traditional linear methods.

The indicator presents the rate of return in a clear and intuitive graphical format, allowing traders to quickly assess the performance of their trades and identify potential opportunities for investment.

How the Logarithmic Rate of Return Indicator Can Benefit You

Incorporating the Logarithmic Rate of Return Indicator into your Forex trading strategy can offer numerous advantages. This powerful tool helps you monitor the growth and profitability of your investments, enabling you to make more informed decisions about your buy, sell, and hold positions.

Whether you’re a day trader, a swing trader, or a long-term investor, the Logarithmic Rate of Return Indicator can assist you in recognizing trends and potential trading opportunities, potentially leading to improved trading performance and overall returns.

Indicator Settings

Symbol_1 to 4: These settings allow you to select the currency pairs to be used for the arbitrage strategy. The first three pairs are considered the main pairs that will be the focus of the arbitrage analysis.

Conclusion

The Logarithmic Rate of Return Indicator is a must-have tool for any Forex trader seeking to enhance their investment tracking and decision-making process. Its user-friendly interface, robust calculation methods, and free availability make it an invaluable resource for traders of all skill levels. Download the Logarithmic Rate of Return Indicator and unlock the power of data-driven trading strategies to elevate your Forex trading journey.

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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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