The Frama Indicator MT5 is a popular and free forex indicator for the MetaTrader 5 trading platform. It is a useful tool for traders who are looking to gain insight into the market and make informed decisions. The indicator works by analyzing the price action of a currency pair and displaying the relevant data in a simple and easy to read format. It is designed to help traders identify trends, spot potential entry and exit points, and better understand the market dynamics. The Frama Indicator MT5 displays the current price, the open, high, low, and close values, and the moving average. It also shows the current trend and the strength of the trend, as well as the momentum and volatility of the market. The indicator also includes support and resistance levels that can help traders identify potential entry and exit points. Additionally, the indicator can also be used to identify potential breakouts and reversals. The Frama Indicator MT5 is a great choice for traders who are looking for a free and reliable forex indicator for the MetaTrader 5 platform.
The Frama Indicator MT5 is a popular and free Forex indicator that is useful for traders of all levels. It is designed to be used on the MetaTrader 5 trading platform and works by providing traders with a valuable set of tools that can be used to analyze the markets and identify potential trading opportunities. With its user-friendly design and comprehensive set of features, the Frama Indicator MT5 is an essential tool for any trader looking to maximize their trading potential.
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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.