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Home Collection Helpers Triplex Indicator
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Triplex Indicator

The Triplex Indicator is a powerful and useful Forex trading tool for the MT4 platform. The Triplex Indicator is easy to use and helps traders identify strong and weak trends, as well as potential reversal points. With the Triplex Indicator, traders can easily identify strong and weak trends, as well as potential reversal points, helping them to make informed trading decisions.

Platform

MT4

Timeframe

Multi Timeframe

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  • How to Install
Description

The Triplex Indicator is a useful and popular free Forex indicator for the MT4 trading platform. It is designed to help traders identify potential trading opportunities with ease. This indicator combines three popular indicators – moving averages, RSI, and Stochastic – into one easy-to-read indicator. The Triplex Indicator is a great tool for both beginner and experienced traders. The Triplex Indicator works by combining the signals of the three indicators into one easy-to-read chart. The indicator is composed of three lines – a blue line which represents the moving average, a red line which represents the RSI, and a green line which represents the Stochastic. The indicator will alert traders when the three lines cross each other, signaling a potential trading opportunity. The indicator is also color-coded to make it easier for traders to identify potential trading opportunities. With the Triplex Indicator, traders can quickly identify potential trading opportunities and make informed trading decisions.

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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:

  1. Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.

  2. Open the MT4/5 terminal and click on “File” in the top left corner.

  3. Select “Open Data Folder” from the dropdown menu.

  4. In the window that opens, double-click on the “MQL4/5” folder.

  5. Double-click on the “Indicators” folder.

  6. Drag and drop the indicator file from your computer into the “Indicators” folder.

  7. Close the data folder window and restart the MT4/5 terminal.

  8. 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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