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Date/Time: Fri, 26 Apr 2024 10:35:54 +0000



[User Discussion] - Help: Free Kaimin Arrows Forex Indicator Install

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[2013-11-09 18:16:52]
User20200 - Posts: 38
Downloaded this to my Sierra Charts Data Folder but cannot pull it up on charts, HELP???

Team One

100% Free - Trade Assistant MetaTrader indicator - a multi-timeframe indicator that is based on three standard indicators:
Stochastic, RSI (Relative Strength Index) and CCI (Commodity Channel Index).
It displays current trend directions for M5, M15, M30, H1, H4 and D1.
When you follow such an indicator you have the clear picture of the trends in all important timeframes.
It doesn't matter to what timeframe chart you attach this indicator.
It's also not recommended to change any input parameters.
This indicator is available for MT4 and MT5.

Input parameters:

PercentK (default = 8) — period in bars for calculation of the line %K of Stochastic indicator.

PercentD (default = 3) — period in bars for calculation of the line %D of Stochastic indicator.

Slowing (default = 3) — the value for slowing of Stochastic indicator.

RSIP1 (default = 14) — period for the first RSI (fast).

RSIP2 (default = 70) —period for the second RSI (slow).

Other parameters — represent the symbol codes for the trend direction arrows. Better leave them alone.



Although it's quite obvious how you can use such an indicator,
I suggest buying and selling only when all indicators signal same direction in your timeframe
and both neighboring timeframes. E.g. go long in M30 timeframe only if all indicators say BUY there and in both M15 and H1 timeframes.

Downloads

Download free Trade Assistant indicator in ZIP version for MT4

Download free Trade Assistant indicator in ZIP version for MT5



Please, UnZip downloaded zipped file with WinZip or 7zip software.
You can download and use 7zip software for free
http://www.7-zip.org/
There is Trade Assistant mq4 file indicator inside.

To install downloaded Trade Assistant indicator use the following steps :


Step By Step installation for MT4
1) Copy the mq4 file. Do this by right clicking on the file and clicking “copy”
Paste/Save the MQ4 file into your C:\Program Files\MetaTrader 4\experts\indicators folder
2) Close your MetaTrader application (assuming it's currently open ... Ignore this if the application hasn't been launched)
3) Launch your MetaTrader application
4) On the left hand side, look for the "Navigator" window
5) Under the "Common" tab, look into the "Custom Indicators" directory
6) Locate the indicator which you have just downloaded into the folder stated in Step 1
7) Drag (Click and drag) the indicator onto the chart
8) done

Step By Step installation for MT5
1) Make sure you have either .mq5 or .ex5 files of the indicator downloaded.
You can’t install an indicator before downloading it.
2) Go to your MetaTrader platform’s folder (wherever you installed it; usually,
it’s C:\Program Files\MetaTrader 5).
3) Enter the MQL5 folder
4) Enter the Indicators folder
5) Now you have two options — either create a separate folder for your indicator
or copy files directly into common folder.
The first choice is preferable as it will help you to keep the indicators organized.
If your indicator came already in a folder, just copy the folder here, otherwise create a folder
and copy files there or copy files directly into Indicators folder
6) If you had .ex5 file (compiled indicator) then you can proceed to the next step.
If you had only .mq5 and possibly some .mqh files (uncompiled indicator)
you can just restart your MT5 platform for automatic compilation,
but this way you won’t know if there were any errors in the code (and if there were errors it won’t get compiled).
Or you can manually compile it. Double click your indicator’s .mq5 file and the MQL5 Editor window will open.
Make sure it’s your indicator opened, click the Compile button and see
if there are any error/warning messages in the bottom tab - No errors. Good!
7) Now you can start your MT5 (if it’s not already started) and
add your indicator to any chart from the Navigator tab (usually on the screen’s left side).
Just double-click it or drag-and-drop to the chart
8) Now you can enjoy your new MT5 indicator and, hopefully, better Forex trading results.

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