The VH-Indicator is a popular and free Forex indicator for the MT4 trading platform. It is a useful tool for traders to help them make more informed decisions when trading the Forex market. The VH-Indicator works by analyzing the market and providing traders with signals to buy or sell. It uses a combination of technical indicators such as moving averages, MACD, and Parabolic SAR to generate signals. The indicator also includes a range of customizable parameters that allow traders to customize the signals to their own trading strategy. The VH-Indicator can be used to identify potential entry and exit points in the market. It also helps traders identify potential trends and reversals. Traders can use the indicator to identify when to enter and exit trades, as well as when to take profits or cut losses. Overall, the VH-Indicator is a useful and popular Forex indicator for the MT4 trading platform.
VH-Indicator is a popular and free Forex indicator for MT4. It is designed to help traders make better decisions when trading in Forex markets. The indicator works by identifying trends in the market and helping traders to identify potential trading opportunities. It uses a combination of multiple technical indicators to provide traders with an accurate and reliable signal. The indicator is also very useful for identifying entry and exit points in the market. The indicator is easy to use and understand, making it a popular choice among 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.