The T3 SATL ATR Channel Arrows MTF is a useful, free Forex indicator for the popular MetaTrader 4 (MT4) platform. It is designed to help traders identify price action, trend direction, and potential entry and exit points. The indicator is based on the ATR (Average True Range) and the T3 moving average. The indicator plots two lines on the chart which represent the upper and lower bounds of the ATR channel. The upper line is calculated by adding the ATR to the T3 moving average, while the lower line is calculated by subtracting the ATR from the T3 moving average. The ATR is used to measure the volatility of the market, so the lines adjust accordingly. It is easy to use and can be a great addition to any trading strategy.
MT4
T3 Satl Atr Channel Arrows
The T3 SATL ATR Channel Arrows MTF is a useful and popular free Forex indicator for the MT4 trading platform. It plots channel arrows on the chart, which can be used to identify potential areas of support and resistance. It is a great tool for both novice and experienced 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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