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Home Collection Signal Calculation The Future Day
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Calculation The Future Day

The Calculation of the Future Day indicator is a free and popular Forex indicator for MT4. It is a useful tool for traders who want to get an idea of future price movements. The indicator uses a combination of various indicators to calculate the future day’s high and low price levels. With this indicator, traders can gain insight into the future direction of the market and make informed trading decisions.

Timeframe

H1-H4

,

M15-M30

Indicator Type

Accurate

Trading Style

Beginner

Platform

MT4

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  • How to Install
Description

The Calculation of the Future Day is a useful and popular free Forex indicator for MT4. It is designed to help traders calculate the future day in any given currency pair. The indicator uses a combination of technical indicators to calculate the future day’s open, close, high, and low prices. It also provides a graphical representation of the future day’s price movements. This indicator is especially useful for traders who want to plan their trades in advance. The Calculation of the Future Day indicator uses a combination of technical indicators to calculate the future day’s prices. These indicators include moving averages, Bollinger Bands, and the Relative Strength Index (RSI). Based on these indicators, the indicator will calculate the future day’s open, close, high, and low prices. The indicator also provides a graphical representation of the future day’s price movements. The indicator is free to download and use on the MT4 platform, making it a popular choice among Forex traders.

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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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