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Half Trend Buy Sell

Quickly spot trends and get buy and sell signals with the Half Trend Buy Sell Indicator. Set your alerts to notify you via messages, sound, or email.

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Description

Features of the Half Trend Buy Sell Indicator

The Half Trend Buy Sell indicator for MT5 is one of the best tools for trend traders. It identifies the current trend and gives traders buy and sell signals. The indicator uses a moving average to follow the trend. When the trend is bullish, the indicator turns purple. On the other hand, when the trend is bearish, it turns red.

Furthermore, the indicator draws clear arrows for buy and sell signals. When the trend is bullish, the indicator draws a dodger blue arrow signaling traders to buy. Meanwhile, when the trend is bearish, it draws a red arrow signaling traders to sell. Additionally, you can get these signals as alerts via messages, sound, or email. Therefore, you don’t miss out on any good trading opportunities.

How the Indicator Can Benefit You

The Half Trend Buy Sell indicator is a valuable tool for trend followers that makes it easier to identify the current trend and trade with it. It automates most of this process, allowing you to relax and place your orders when alerted.

For a buy signal, the indicator will turn purple and draw a dodger blue arrow pointing up. Enter a buy order and place your stops below the previous low. For a sell signal, the indicator will turn red and draw a red arrow pointing down. Pace your sell order with stops above the previous high.

Indicator Setting Description

Amplitude: This input allows you to change the amplitude of the indicator.

ShowBars: This shows the trend bars.

ShowArrows: Shows signal arrows. Dodger blue arrows for buy signals and a red arrow for sell signals.

alertsOn: This input turns On the MT5 alerts.

alertsOnCurrent: Enables/disables alerts on current candle close.

alertsMessage: Displays the alert message.

alertsSound: Enables/disables sound alerts.

alertsEmail: Enables/disables email alert messages.

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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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