The Golden Lion Trend V3 Indicator is a useful Forex trading tool for MT4 traders. It is a popular free indicator that helps traders identify the current trend in the market and make better trading decisions. This indicator is based on a combination of multiple moving averages and is designed to help traders identify and follow the trend. It also helps traders identify potential entry and exit points. The Golden Lion Trend V3 Indicator is easy to use and understand. It shows the trend direction on the chart as a colored line. A blue line indicates an uptrend and a red line indicates a downtrend. It also displays the current trend strength and the momentum of the trend. This helps traders identify whether the trend is strong or weak and whether it is likely to continue or reverse. This indicator is a great tool for traders who want to make profitable trades.
MT4
Golden Lion Trend V3
The Golden Lion Trend V3 Indicator is a free, popular and useful Forex trading tool for MetaTrader 4 (MT4). The indicator works by analyzing the price action of a currency pair and plotting a series of trend lines on the chart. This makes it a popular choice among Forex traders who are looking for a reliable and easy to use tool to help them make profitable trades.
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Category: Signal
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Description
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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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