The Ultra Trend Ver2 Indicator is a powerful and useful Forex indicator, designed to help traders make more informed decisions when trading on the Forex market. It is one of the most popular free indicators available for the MT4 trading platform, and is used by many traders around the world. The Ultra Trend Ver2 Indicator is designed to provide traders with a comprehensive view of the current market trend. It does this by analyzing the price action of the market and providing the user with a graphical representation of the current trend. This graphical representation is then used to identify potential entry and exit points for trades, as well as to identify potential support and resistance levels. The indicator also provides users with an indication of when a trend may be reversing, allowing traders to enter or exit trades accordingly. The Ultra Trend Ver2 Indicator is a powerful and useful tool for traders looking to make more informed decisions when trading on the Forex market. It is easy to install and use, and provides traders with a comprehensive view of the current market trend.
Ultra Trend Ver2
The Ultra Trend Ver2 Indicator is a popular and free Forex indicator for MT4 that is useful for traders looking to identify and follow the trend of the market. It works by plotting a line on the chart that follows the highest highs and lowest lows of the market, which allows traders to easily identify the trend and make better trading decisions. With its easy to use interface and customizable settings, the Ultra Trend Ver2 Indicator is a great tool for traders of all levels to make more profitable trades.
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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.