The Non-Repainting SuperTrend Indicator is a popular and free Forex indicator that has been designed to help traders identify trends in the market and make profitable trades. This useful tool works on MT4 platforms and is designed to be easy to use and understand. The Non-Repainting SuperTrend Indicator is based on a mathematical formula that uses the current market volatility to identify trends. It then uses this information to generate signals that can be used by traders to determine when to enter and exit positions. The indicator also provides additional information such as the current trend direction, the current trend strength, and the current trend duration. This allows traders to make more informed decisions about when to enter and exit trades.
MT4
Non Repainting Supertrend
The Non-Repainting SuperTrend Forex indicator is a popular and free MT4 indicator that is useful for traders of all levels. The indicator is easy to use and interpret, as it plots a line on the chart that changes color depending on the trend. When the line is green, it indicates an uptrend, while when it is red, it indicates a downtrend. The indicator also gives traders the ability to customize the settings to suit their trading style and risk tolerance. The indicator is easy to install and use, making it a popular choice among Forex traders.
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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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