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NeuroTrend Indicator

NeuroTrend Indicator is a popular and useful forex indicator for MT4 that is available for free. It works by analyzing market trends and providing accurate signals for traders to make informed decisions. By using NeuroTrend Indicator, traders can enhance their trading strategies and increase their chances of success in the forex market.

Indicator Type

Sideways

Trading Style

Intraday

Timeframe

H1-H4

,

M1-M5

Platform

MT4

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Categories: Signal, Trend
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  • How to Install
Description

The NeuroTrend Indicator is a popular and useful forex indicator for MT4 that is available for free. This indicator is designed to help traders identify trends in the forex market with ease. It uses advanced algorithms to analyze price movements and provide accurate signals for buying and selling. One of the key features of the NeuroTrend Indicator is its user-friendly interface, making it easy for traders of all levels to use. By simply following the signals generated by the indicator, traders can make informed decisions on when to enter and exit trades. To use the NeuroTrend Indicator, simply install it on your MT4 platform and apply it to your desired chart. The indicator will then display buy and sell signals based on the market conditions. Overall, the NeuroTrend Indicator is a powerful tool for forex traders looking to improve their trading strategy.

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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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