The Volume Average Percent Indicator (VAP) is a useful, free and popular Forex indicator for the MT5 platform. It is designed to help traders to identify the average volume of a particular security over a given period of time. The indicator is especially helpful in recognizing the average volume of a security during a specific time frame, which can be used to identify potential trading opportunities. The Volume Average Percent Indicator (VAP) is a technical indicator that can be used to measure the average volume of a security over a certain period of time. The indicator uses a simple formula to calculate the average volume of a security and displays it as a percentage of the total volume. This indicator can be used to identify potential trading opportunities as it can help traders to identify the average volume of a security during a specific time frame. The indicator can be used to identify the average volume of a security during a specific time frame, which can help traders to identify potential trading opportunities. The indicator is free and easy to download from the MT5 platform.
Volume Average Percent
The Volume Average Percent Indicator MT5 is a free and popular Forex trading indicator that is useful for traders looking to maximize their profits. This indicator measures the volume of the traded currency pair over a period of time and provides traders with an average percentage of the total volume traded. With this indicator, traders can make more informed decisions about their trades and have a better chance of making successful 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.