The EES Velocity Indicator is a powerful and useful tool for Forex traders. It is a popular indicator for MT4 platforms and is available for free. The indicator shows the speed of price movements and is designed to help traders identify and take advantage of potential trading opportunities. The EES Velocity Indicator works by calculating the difference between the current price and the price of the previous bar. The indicator then displays this difference in the form of a histogram. The histogram is color-coded, with green indicating an increase in price and red indicating a decrease in price. This makes it easy for traders to identify potential trading opportunities. The EES Velocity Indicator is easy to use. With the help of the EES Velocity Indicator, traders can make more informed trading decisions and increase their chances of success.
MT4
EES Velocity
The EES Velocity Indicator is a powerful and useful Forex indicator that is available for free on the popular MT4 trading platform. It is a popular indicator among Forex traders as it offers a wide range of features and tools to help traders make better trading decisions. This allows traders to easily identify potential entry and exit points as well as the strength of the trend. The indicator is easy to use and can be used in both manual and automated trading systems.
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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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