Dadas True Trend V3.1 is one of the most popular and useful free Forex indicators available for the MT4 trading platform. It is a trend-following indicator that provides traders with easy to read signals that can be used to identify potential trading opportunities. The indicator works by analyzing the past price action of a currency pair and then using that data to calculate a trend line. This trend line is then used to generate buy and sell signals. The indicator is very easy to use and requires no additional setup. All you need to do is install it on your MT4 trading platform and then select the currency pair or timeframe you want to analyze. Once the indicator is applied, it will automatically generate buy and sell signals based on the trend line it has calculated. The signals are displayed as arrows which can be used to enter or exit a trade. Overall, Dadas True Trend V3.1 is an excellent indicator for traders who are looking for an easy and reliable way to identify potential trading opportunities.
MT4
Dadas True Trend V3.1
The Dada’s True Trend v3.1 indicator is a popular and free Forex indicator for the MT4 platform. The indicator uses a combination of price action and momentum to accurately identify the direction of the trend. It also helps to identify potential entry points and exit points, so traders can make informed decisions about their trades. The indicator is easy to use and can be installed quickly and easily on the MT4 platform. It is a powerful tool for traders who want to stay ahead of the market and maximize their profits.
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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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