The Real Cloud Indicator for MT5 is a popular and useful tool for forex traders. This indicator is available for free and can be easily downloaded and installed on the MetaTrader 5 platform. The indicator works by displaying colored clouds on the chart, which represent the various levels of support and resistance. Traders can use the Real Cloud Indicator to identify potential trend reversals, as well as key support and resistance levels. By analyzing the color and thickness of the clouds, traders can make more informed trading decisions. Additionally, the indicator can be customized to suit individual trading styles and preferences. Overall, the Real Cloud Indicator is a powerful tool for forex traders looking to improve their technical analysis and increase their profitability.
MT5
Real Cloud
Real Cloud Indicator MT5 is a popular and useful forex indicator that is available for free. It displays real-time cloud patterns on the chart, helping traders identify trend reversals and continuations. By visually analyzing the clouds, traders can make informed decisions on when to enter or exit trades. This indicator is easy to use and a valuable tool for any forex trader using the MT5 platform.
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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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