The TDI TR Colorful Indicator is a powerful and useful Forex indicator for MT4 trading platforms. It is one of the most popular and free indicators available in the market today. This indicator can help traders identify the strength and direction of the current trend. It also provides signals for entry and exit points. The TDI TR Colorful Indicator combines the popular TDI indicator with the RSI indicator. It is designed to help traders identify and analyze trends in the Forex market. The TDI indicator is based on the Average Directional Index (ADX), which is used to measure the strength of the trend. The RSI indicator is used to identify the overbought and oversold conditions. The combination of these two indicators provides a powerful tool for traders to identify and analyze trends. This indicator is free and is available for MT4 trading platforms. It is an effective tool that can help traders make profitable trades in the Forex market.
MT4
TDI TR Colorful
The TDI TR Colorful Indicator is a popular and free Forex indicator for MT4. This useful tool is designed to provide traders with an easy to read visual representation of the market’s trend direction. The TDI TR Colorful Indicator can help traders to easily identify trend direction and make better trading decisions.
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Category: Stochastic
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Description
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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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