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Forex Profit Supreme Meter

The Forex Profit Supreme Meter is a useful and popular free MT4 forex indicator. The indicator displays a bar graph that indicates the trend direction and strength of the currency pair. The higher the bar, the stronger the trend. It is a popular choice among forex traders and is available for free on the MT4 platform.

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Description

The Forex Profit Supreme Meter is a powerful and versatile indicator that goes beyond just measuring the strength of currencies. This innovative tool provides a comprehensive analysis of the forex market, empowering traders to identify the best trading opportunities, generate reliable buy and sell signals, and maximize their profits.

Features of the Indicator

The Forex Profit Supreme Meter is packed with a range of features that make it an indispensable addition to any trader’s toolkit. It measures the strength of each currency against all others, displaying the results in a clear and easy-to-read format.

The indicator also generates buy and sell signals using color-coded arrows, indicating the best times to enter or exit trades. Additionally, the histogram feature provides a visual representation of the strength and weakness of each currency, helping traders to quickly identify the most favorable currency pairs.

How the Indicator Can Benefit You

By utilizing the Forex Profit Supreme Meter, traders can gain a significant advantage in the forex market. The indicator’s ability to identify the strongest and weakest currencies allows you to focus your trading efforts on the most promising opportunities.

The clear buy and sell signals, combined with the intuitive histogram, can help you make more informed and profitable trading decisions. Whether you’re a beginner or an experienced trader, the Forex Profit Supreme Meter can be a valuable asset in your trading strategy.

Indicator Settings

CurrenciesWindowBelowTable: Option to display the currency table below the list of currency pairs.

ShowCurrencies: Toggle to enable the display of currencies.

ShowCurrenciesSorted: Toggle to sort the currency list.

ShowSymbolsSorted: Toggle to sort the list of symbols.

DontShowThisPairs: Option to exclude specific currency pairs from strength calculation.

Conclusion

The Forex Profit Supreme Meter is a must-have indicator for any trader looking to maximize their profits in the forex market. With its powerful features, user-friendly interface, and compatibility with the MetaTrader 4 platform, it provides traders with the tools they need to succeed. Download the Forex Profit Supreme Meter indicator today and take your trading to new heights.

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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:

  1. Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.

  2. Open the MT4/5 terminal and click on “File” in the top left corner.

  3. Select “Open Data Folder” from the dropdown menu.

  4. In the window that opens, double-click on the “MQL4/5” folder.

  5. Double-click on the “Indicators” folder.

  6. Drag and drop the indicator file from your computer into the “Indicators” folder.

  7. Close the data folder window and restart the MT4/5 terminal.

  8. 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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