The AFI Channel Surfer indicator is a popular and useful free Forex indicator for MT4. It is designed to help traders identify and take advantage of trends in the market. The indicator works by analyzing the price movements of a given currency pair and then plotting the data on a chart. The indicator then looks for patterns in the data that could indicate a trend. When a trend is identified, the indicator will alert the trader to the possibility of a profitable trade. The indicator is very easy to use and can be used by both beginner and experienced traders alike. All that is required is to install the indicator on the MetaTrader 4 platform and then select the currency pair that the trader wishes to analyze. The indicator will then start analyzing the price movements of the chosen currency pair and will alert the trader to any potential trends that may be forming. The AFI Channel Surfer indicator is a great tool for traders who want to take advantage of trends in the market.
MT4
AFI Channel Surfer
The AFI Channel Surfer Indicator is a popular, free and useful Forex indicator for the MT4 platform. The indicator uses a combination of price action and momentum to identify potential trading opportunities. It looks for price breakouts and reversals, as well as overbought and oversold conditions. The indicator also provides alerts when it detects a potential trading opportunity, making it easier for traders to take advantage of market movements. Overall, the AFI Channel Surfer Indicator is an effective and reliable tool that can help traders identify profitable trading opportunities in the Forex market.
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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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