ROC Smoothed MTF Reg Histo Alerts is a powerful and useful Forex indicator for MT4. It is popular among traders due to its ability to identify trend changes in the market. The indicator is free to download and use, and can be used to enhance your trading decisions. The ROC Smoothed MTF Reg Histo Alerts indicator uses the Rate of Change (ROC) indicator to identify trend changes in the market. The indicator is calculated using the moving average of the ROC values, and is then plotted on the chart. The indicator will generate an alert when a trend reversal is detected. This helps traders to identify potential trading opportunities in the market. The indicator can be used to identify potential entry and exit points in the market. Traders can use the alerts to enter and exit trades when the trend changes. The indicator can also be used to identify support and resistance levels in the market. This can help traders to set stops and take profits when trading. The ROC Smoothed MTF Reg Histo Alerts indicator is a useful tool for traders looking to identify potential trading opportunities in the Forex market. The indicator is free to download and use and can be used to enhance your trading decisions.
MT4
ROC Smoothed Reg Histo Alerts
The ROC Smoothed MTF Reg Histo Alerts is a free and popular Forex indicator for MT4. It is a useful tool for traders as it helps to identify overbought and oversold conditions in the market. The indicator also provides alerts when the ROC reaches a certain level, allowing traders to take timely action. With this indicator, traders can easily identify potential market turning points and take advantage of them.
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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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