The New Legacy Trader Indicator is a popular and free useful Forex indicator for the MT4 trading platform. It is designed to help traders make better decisions and maximize their profits by providing them with a comprehensive set of technical indicators. The indicator is easy to use and provides a variety of features to help traders make more informed decisions. It includes a variety of indicators such as Bollinger Bands, Moving Averages, and Relative Strength Index (RSI). The indicator also offers a range of customizable settings to help traders customize their trading strategies. The New Legacy Trader Indicator is designed to help traders identify trends and make better entry and exit points. It provides traders with an up-to-date overview of the market, allowing them to make more informed decisions. The indicator also offers an array of customizable settings to help traders tailor their strategies to their individual needs. It also provides traders with a range of signals that can be used to identify potential trading opportunities. The New Legacy Trader Indicator is an invaluable tool for any trader looking to maximize their profits and minimize their risks. It is a comprehensive and easy to use indicator that can help traders make more informed decisions and increase their overall success rate. With its comprehensive set of indicators, customizable settings, and helpful tutorials, the New Legacy Trader Indicator is an essential tool for any trader looking to succeed in the Forex market.
MT4
New Legacy Trader
The New Legacy Trader Indicator is a popular and useful free Forex indicator for MT4 traders. It uses a combination of moving averages, support and resistance levels, and trend lines to help traders identify profitable market opportunities. The indicator also provides traders with detailed information about the current market trends, allowing them to make informed trading decisions. With its easy-to-understand interface and user-friendly design, the New Legacy Trader Indicator is a great choice for both novice and advanced traders.
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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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