The Hull Trend Indicator for MT4 is a popular and free Forex indicator that is useful for both novice and experienced traders. This indicator is based on the Hull Moving Average (HMA) and is designed to identify trend direction, trend strength and possible reversal points. The indicator works by calculating the Hull Moving Average (HMA) of the current price over a period of time. It then creates a line that is used to identify the trend direction and strength. The indicator also plots two other lines that are used to identify possible reversal points. The Hull Trend Indicator for MT4 is easy to use and understand. To use the indicator, traders simply need to attach it to their chart and select the period of time they want to use. The indicator will then calculate the Hull Moving Average (HMA) of the current price over the selected period and plot the three lines accordingly. Traders can use the lines to identify the trend direction and strength, as well as possible reversal points.
MT4
Hull Trend
The Hull Trend Indicator is a useful and popular Forex indicator for MT4. The indicator works by plotting a line on the chart that moves in the direction of the trend. It then plots a second line which is the average of the first line and the current price. This makes it a powerful tool for making profitable trades.
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Category: Trend
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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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