The RSX Super Bars Indicator is a free and popular Forex indicator for MT4 that provides traders with a useful tool to analyze the market. The indicator is designed to detect and display the various price patterns that occur in the Forex market. It provides traders with a visual representation of the different price patterns that form in the Forex market. This allows traders to quickly identify the patterns that are forming and to make informed trading decisions. The RSX Super Bars Indicator works by analyzing the price action of the currency pairs and displaying the patterns that form in the chart. The indicator will display bars that represent the different price patterns that are forming. The colors of the bars will indicate the strength of the pattern. The indicator also displays a trend line that shows the trend direction of the currency pair. This allows traders to easily identify the direction of the trend and to make trading decisions accordingly. This allows traders to quickly identify the patterns that are forming and to make informed trading decisions.
MT4
RSX Super Bars
RSX Super Bars Indicator is a useful and popular Forex indicator for the Metatrader 4 (MT4) trading platform. The RSX Super Bars Indicator is used to detect the trend direction in the market, by analyzing the price action. It can also be used to identify potential reversal points in the 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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