Fractals Trend is a highly useful forex indicator that is popular among MT4 traders for its ability to identify potential trend reversals with great accuracy. This indicator is free to use and can be easily integrated into your trading strategy.Fractals Trend works by identifying high and low points in the market, which helps traders spot potential trend changes before they occur. This can be a valuable tool for those looking to maximize their profits in the forex market. To use this indicator, traders simply need to apply it to their MT4 charts and look for fractal patterns to form. When a fractal pattern appears, it can signal a potential trend reversal, providing traders with the opportunity to enter or exit trades at the right time. Overall, Fractals Trend is a powerful and versatile tool that can help forex traders make more informed trading decisions.
MT4
Fractals Trend
Fractals Trend is a popular and useful forex indicator for MT4 that is available for free. It works by identifying key market highs and lows to help traders spot potential trend reversals. Traders can use this indicator to set stop-loss levels, trailing stops, and determine entry and exit points. Its simple yet effective design makes it a valuable tool for any forex trader.
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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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