The Divergence Stochastic Alert software is a popular and useful Forex indicator that is compatible with the MT4 platform. It is known for its ability to detect divergence between the Stochastic oscillator and the price of a currency pair, which can signal potential trend reversals. The software provides alerts when a divergence pattern is detected, allowing traders to make informed decisions about entering or exiting trades. This indicator is free to use and can be easily installed on the MT4 platform. Traders can customize the settings to suit their trading preferences and receive real-time alerts when divergence occurs. By using the Divergence Stochastic Alert software, traders can take advantage of this powerful tool to improve their trading strategies and maximize their profits in the Forex market.
MT4
Divergence Stochastic Alert Software Cleaned
Divergence Stochastic Alert Software is a free and popular forex indicator for MT4 that helps traders identify potential trend reversals. By detecting divergences between the price and the Stochastic oscillator, it provides valuable signals for entry and exit points. Traders can set up alerts to notify them of these divergences, allowing for more informed trading decisions.
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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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