![]() In the Navigator find the gauge name, right-click it and select Attach to the chart. Now go to the left side of your MT5 terminal. You can gain access to this folder by clicking the top menu options, which goes as follows:įile > Open Data Folder > MQL5 > Indicators (paste here). How to set up the Trend Strength indicator in MT5?Ĭopy and paste the trend-strength-indicator.mq5 or trend-strength-indicator.ex5 indicator files into the MQL5 folder of the Metatrader 5 trading platform. Feel free to experiment with the settings and parameters to fit your personal preferences. The default indicator settings can be modified directly from the input tab. It fits all kinds of timeframes and currency pairs. Similarly, when the Smoothed RSI is below the red DnTrend – there is a downward trend. Obviously, when the Smoothed RSI is above the blue UpTrend – there is an upward trend. You will find three lines: gray Smoothed RSI, blue UpTrend line, and red DnTrend line. ![]() ![]() The indicator is displayed in a separate window placed just below the main trading chart. The Trend Strength indicator uses custom calculations based on the Relative Strength Index to determine the direction of the trend. Introduction to the Trend Strength Indicator ![]()
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