The Trend Percentage Indicator MT5 is a free and popular Forex indicator that is useful for traders of all levels. It is designed to be used with the MetaTrader 5 trading platform and provides traders with an easy way to identify potential trends in the market. The indicator works by measuring the percentage of price movements in a given period of time, which can then be used to identify potential trends in the market. The indicator also includes an alert system that will notify traders when a potential trend is identified. The Trend Percentage Indicator MT5 is easy to use and provides traders with a visual representation of the percentage of price movements. This makes it easy to identify potential trends in the market. The indicator also includes a number of other features such as customizable parameters, support for multiple time frames, and the ability to customize the colors used in the indicator. The indicator also includes a range of customizable settings that allow traders to customize the indicator to their trading style and preferences. The indicator is free to download and use, making it a popular choice among Forex traders.
The Trend Percentage Indicator MT5 is a popular and free Forex indicator that is useful for traders of all levels. This indicator measures the trend strength of a currency pair and displays the trend percentage in a separate window. It works by monitoring the price action of the currency pair and then calculating the percentage of the trend. The indicator is designed to provide traders with an easy-to-read visual representation of the trend of the currency pair. The Trend Percentage Indicator MT5 is a great tool for traders looking to maximize their profits in the Forex market.
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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.