The Strong Day OHLC Indicator is a useful tool for forex traders using the MT4 platform. This popular indicator is free to download and can help traders identify strong trading opportunities based on Open, High, Low, and Close prices for the day. When the indicator signals a strong day, traders can use this information to make informed trading decisions. The indicator works by analyzing price movements to determine the strength of a trading day. Traders can use this information to enter or exit trades at optimal times. To use the Strong Day OHLC Indicator, simply download and install it on your MT4 platform. The indicator will display on your chart, providing valuable insights into market strength. Traders can customize settings to suit their trading style and preferences. Overall, this indicator can be a powerful tool in a forex trader’s arsenal.
MT4
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Strong Day Ochl
The Strong Day OCHL Indicator is a useful forex indicator for MT4 that is popular among traders. This free indicator provides valuable information on the open, close, high, and low prices for each trading day. It helps traders analyze market trends and make informed trading decisions. To use the Strong Day OCHL Indicator, simply install it on your MT4 platform and follow the signals it provides.
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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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