The Digital Force Indicator is a useful and popular free forex indicator for the MT4 trading platform. It is designed to provide traders with an easy-to-use tool to assist in making more informed trading decisions. The indicator is composed of a combination of various momentum and trend indicators, including the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD). The indicator provides traders with a visual representation of the strength of the trend, as well as an indication of the momentum of the market. The Digital Force Indicator is easy to use and can be applied to any time frame. To use the indicator, traders simply need to plot the indicator on their chart and observe the signals generated. The indicator will generate a buy signal when the RSI crosses above the MACD, and a sell signal when the RSI crosses below the MACD. Traders can also use the indicator to identify potential support and resistance levels, as well as to identify potential entry and exit points for trades. With the Digital Force Indicator, traders can make more informed decisions and increase their chances of success in the Forex market.
MT4
Digital Force
The Digital Force Indicator is a popular and useful Forex indicator for the MT4 platform. The Digital Force Indicator works by analyzing the strength of a trend and then displaying it in an easy to read visual format. With its easy to use interface and powerful analysis capabilities, the Digital Force Indicator is a great choice for traders who want to stay ahead of 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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