The Scalper Dream Indicator is a free and popular Forex trading indicator for MetaTrader 4 (MT4). This useful tool helps traders identify potential buy and sell opportunities in the Forex market. It uses a combination of price action and momentum to generate signals that can be used to enter and exit trades. The Scalper Dream Indicator is based on the idea that the price of a currency pair is driven by the underlying fundamentals of the market. It uses a combination of technical indicators, such as moving averages, oscillators, and volume indicators, to identify potential buy and sell signals. It also takes into account the sentiment of the market, as well as the current market conditions. The indicator is easy to use and requires minimal setup. It can be used to trade any currency pair, and it is suitable for both experienced and novice traders. The indicator provides clear buy and sell signals, which can be used to enter and exit trades. It also provides traders with an insight into the underlying fundamentals of the market, helping them to make better trading decisions.
MT4
Scalper Dream
The Scalper Dream Indicator is a popular and free Forex indicator for MT4. It is a useful tool for traders to analyze the market and make informed decisions. The indicator is designed to provide clear entry and exit signals, helping traders to maximize their profits. The Scalper Dream Indicator is easy to use, and it provides traders with a comprehensive overview of the market. The indicator is free to use and can be downloaded from the Indicatorspot website.
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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.
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