The Brian HH LL Daily Indicator is a useful and popular free Forex indicator for MetaTrader 4 (MT4) trading platform. It is designed to help traders identify the best entry and exit points of their trading positions. The indicator uses a unique combination of high and low price levels to indicate the direction of the trend for the day. The indicator is easy to use and understand. It displays the high and low price levels for the day on the chart. If the price is above the high level, it signals that the trend is bullish and that the trader should enter a long position. Conversely, if the price is below the low level, it signals that the trend is bearish and that the trader should enter a short position. The Brian HH LL Daily Indicator also provides traders with support and resistance levels. These levels can be used to set stop losses and take profits. Traders can also use the levels to determine when to enter or exit a trade. The indicator also highlights the current trend on the chart, allowing traders to identify the direction of the market quickly and easily. Overall, the Brian HH LL Daily Indicator is a great tool for any Forex trader.
Brian HH LL Daily
The Brian HH LL Daily Indicator is a popular and free Forex indicator for the MT4 trading platform. It is a valuable tool for traders as it provides useful information about the current market trend. It uses the highest and lowest prices from the previous day to calculate the current trend. The indicator shows the current trend in the form of a line, which can be used to identify entry and exit points in the market. The Brian HH LL Daily Indicator is easy to use and understand, making it a popular choice among Forex traders.
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Category: Support & Resistance
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.