The Super Avg Stochastic Indicator is a useful forex indicator that is popular among MT4 traders. This indicator is available for free and is designed to help traders identify trend reversals and potential entry points in the market.The indicator works by combining two powerful technical indicators – the Average True Range (ATR) and the Stochastic Oscillator. The ATR helps to identify the strength of a trend, while the Stochastic Oscillator helps to identify overbought or oversold conditions in the market. By combining these two indicators, the Super Avg Stochastic Indicator provides traders with a comprehensive view of the market, helping them to make more informed trading decisions. Traders can use this indicator to identify potential entry and exit points, as well as to set stop-loss and take-profit levels. Overall, the Super Avg Stochastic Indicator is a valuable tool for any trader looking to improve their forex trading strategy.
MT4
Super Avg Stochastic
Super AVG Stochastic Indicator is a popular and useful free forex indicator for MT4 traders. It combines two powerful indicators, the Average True Range (ATR) and the Stochastic Oscillator, to help traders identify potential entry and exit points in the market. By analyzing price momentum and volatility, this indicator can help traders make more informed trading decisions.
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Category: Stochastic
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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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