The RSI 3TF indicator is a popular and free Forex indicator for the MT4 trading platform. It is a useful tool for traders who aim to identify trend reversals and generate trading signals. The indicator uses Relative Strength Index (RSI) values to identify overbought and oversold conditions. It then displays these conditions in three different time frames, allowing traders to easily identify potential trading opportunities. The indicator is easy to use and requires no additional configuration. Simply attach it to your chart and it will automatically detect and display the current trend direction in the three time frames. It can be used on any currency pair and is a great tool for both novice and experienced traders. With its simple but powerful design, the RSI 3TF indicator is a popular choice for Forex traders.
MT4
RSI 3Tf
The RSI 3TF Forex indicator is a popular and free MT4 indicator that can be used to help traders identify trading opportunities in the Forex market. It is based on the Relative Strength Index (RSI) and is used to detect overbought and oversold conditions in the market. The indicator is also useful for identifying potential trading signals and can be used to help traders make informed decisions about their trading strategies.
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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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