The ASC Trend 2 Indicator is a popular and free Forex trading indicator that is useful for MT4 traders. It is used to identify trends in the Forex market and can help traders make better decisions when trading. The indicator works by analyzing price action and momentum to identify trend direction. It then uses several indicators to confirm the trend and to provide entry and exit signals. The indicator is designed to be simple and easy to use, making it popular among traders. The indicator uses a combination of moving averages, oscillators, and other technical indicators to identify potential trends. It then uses these indicators to generate entry and exit signals. The signals are color coded to indicate the direction of the trend. The indicator also provides additional information such as the strength of the trend, the strength of the signal, and the risk/reward ratio. This helps traders make more informed decisions when trading. The indicator is easy to understand and use, making it a great choice for traders who are just getting started in the Forex market.
MT4
ASC Trend 2
The ASC Trend 2 Indicator is a popular and free Forex indicator for MT4. It is a useful tool for traders, providing them with an easy way to identify trends in the market. The indicator works by analyzing the price action of the market and then providing traders with a visual representation of the trend. The ASC Trend 2 Indicator is designed to help traders identify the direction of the trend, as well as its strength. It is a great tool for traders looking for an easy way to identify trends and make profitable trades.
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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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