The Stoch Trend ST indicator is a useful tool for forex traders using the MT4 platform. This popular indicator is free to use and can help traders identify trends in the market. The Stoch Trend ST indicator works by combining the Stochastic Oscillator and Moving Averages to provide a comprehensive view of market trends. Traders can use this indicator to identify entry and exit points for their trades, helping them make informed decisions. To use the Stoch Trend ST indicator, simply add it to your MT4 chart and adjust the settings to suit your trading strategy. The indicator will generate signals based on market trends, helping you stay ahead of the curve. Overall, the Stoch Trend ST indicator is a valuable tool for forex traders looking to optimize their trading strategy and capitalize on market trends.
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Stoch Trend ST
Stoch Trend ST Indicator is a popular and useful forex indicator for MT4 that is available for free. This indicator combines Stochastic and Trend indicators to identify potential trend reversals and entry/exit points. Traders can use this indicator to spot overbought/oversold conditions and make more informed trading decisions. Overall, Stoch Trend ST Indicator is a valuable tool for any forex trader.
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Category: Trend
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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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