The TSR Bar Trend Indicator is a popular and useful forex indicator for the MT4 platform. This indicator is known for its accuracy in identifying trends in the forex market, making it a valuable tool for traders looking to make informed decisions. The TSR Bar Trend Indicator works by analyzing price action and identifying the strength of the current trend. It uses a combination of moving averages and trend lines to determine the direction of the market, helping traders spot potential entry and exit points. To use the TSR Bar Trend Indicator, simply add it to your MT4 chart and follow the buy or sell signals it generates. Traders can adjust the settings to suit their trading style and risk tolerance, making it a versatile tool for traders of all levels. Best of all, this indicator is available for free, making it accessible to all forex traders.
MT4
TSR Bar Trend
TSR Bar Trend Indicator is a popular and useful forex indicator for MT4 that is free to use. This indicator works by identifying the direction of the trend based on the bars on the chart. Traders can use this indicator to make informed decisions on when to enter or exit trades. With its simple and clear signals, TSR Bar Trend Indicator is a valuable tool for forex 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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