The BB with Fract Dev Indicator is a useful and popular free Forex indicator for the MT4 trading platform. This indicator can be used to identify price breakouts, and it can also be used to find potential price reversal points. The indicator works by combining two popular indicators, Bollinger Bands and Fractal Deviation, to provide traders with an easy to use tool for finding price breakouts and potential reversal points. The Bollinger Bands are used to identify price breakouts by showing when the price has moved outside of the bands. The Fractal Deviation indicator is used to identify potential price reversals by showing when the price has moved outside of the fractal deviation levels. By combining these two indicators, the BB with Fract Dev Indicator provides traders with a powerful tool for finding potential entry and exit points in the market. Overall, the BB with Fract Dev Indicator is a useful and popular free Forex indicator for the MT4 trading platform. It provides traders with an easy to use tool for finding price breakouts and potential reversal points. By combining two popular indicators, Bollinger Bands and Fractal Deviation, the indicator provides traders with a powerful tool for finding potential entry and exit points in the market.
MT4
BB With Fract Dev
The BB with Fract Dev Forex Indicator is a popular and free MT4 indicator that is useful for Forex traders. This indicator is designed to help traders identify the direction of the trend and the strength of the trend. It combines the Bollinger Bands and Fractal Deviation Indicators to provide a reliable and accurate analysis of the market. This indicator is very easy to use and is a great tool for traders to identify the current trend and make better 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.
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