Forex trading is a complex process that involves a lot of technical analysis and decision making. One of the key tools used in forex trading is indicators. Indicators are mathematical calculations that help traders make informed decisions about when to enter or exit trades. However, these indicators can sometimes be deleted accidentally. In this article, we will explain how to redeem a deleted indicator on forex.
Step 1: Check the Recycle Bin
The first step in redeeming a deleted indicator is to check the Recycle Bin. When an indicator is deleted, it is not immediately removed from the system. Instead, it is moved to the Recycle Bin, where it can be restored if needed. To check the Recycle Bin, follow these steps:
1. Open the Recycle Bin on your computer.
2. Look for the file that contains the deleted indicator.
3. Right-click on the file and select “Restore.”
Once you have restored the file, you should be able to see the indicator in your trading platform.
Step 2: Check the Backup Folder
If the indicator is not in the Recycle Bin, the next step is to check the backup folder. Most trading platforms have a backup folder that contains all the files that have been saved by the platform. To check the backup folder, follow these steps:
1. Open your trading platform and go to the “File” menu.
2. Select “Open Data Folder.”
3. Look for the “Backup” folder and open it.
4. Look for the file that contains the deleted indicator.
5. Drag and drop the file into the Indicators folder.
Once you have moved the file into the Indicators folder, you should be able to see the indicator in your trading platform.
Step 3: Reinstall the Indicator
If the indicator is not in the Recycle Bin or the backup folder, the final step is to reinstall the indicator. To do this, you will need to find the original source of the indicator and download it again. Most indicators can be downloaded from the internet, either from the trading platform’s website or from a third-party website. To reinstall the indicator, follow these steps:
1. Download the indicator file from the original source.
2. Open your trading platform and go to the “File” menu.
3. Select “Open Data Folder.”
4. Look for the Indicators folder and open it.
5. Drag and drop the downloaded file into the Indicators folder.
Once you have installed the indicator, you should be able to see it in your trading platform.
In conclusion, redeeming a deleted indicator on forex can be a simple process if you follow the right steps. Checking the Recycle Bin and the backup folder should be your first port of call, as these are the most likely places where the indicator will be found. If the indicator is not in either of these places, you will need to reinstall it from the original source. By following these steps, you can quickly and easily redeem a deleted indicator and get back to trading.