The Rel Voll DX Indicator is a useful free Forex indicator for MT4 that is becoming increasingly popular among traders. It is designed to provide traders with a comprehensive view of the market, allowing them to identify potential trading opportunities. The indicator uses a combination of different technical indicators to generate buy and sell signals for the trader, based on the current market conditions. The indicator also includes various visual elements, such as arrows and lines, which can be used to help identify the best entry and exit points. The Rel Voll DX Indicator is easy to use, as it does not require any manual input from the trader. With its help, traders can identify potential trading opportunities and make informed trading decisions.
MT4
Rel Voll DX
The Rel Voll DX Forex indicator is a useful tool for traders looking to identify potential areas of support and resistance in the Forex market. The indicator works by calculating the rolling average of the last X number of candles and then plotting a line on the chart. This is a great way to identify potential areas of support and resistance and to help traders enter and exit trades with confidence.
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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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