The SSRC Smoothed MTF indicator is a popular and useful tool for forex traders, available for free on the MT4 platform. This indicator helps traders identify potential trend reversals, making it a valuable tool for decision-making in the forex market. The SSRC Smoothed MTF indicator works by analyzing price movements and identifying overbought or oversold conditions. It smooths out the price data, providing a clearer picture of market trends and potential entry or exit points. Traders can use this indicator to confirm the strength of a trend or to identify when a market is reaching a turning point. To use the SSRC Smoothed MTF indicator, simply add it to your MT4 platform and apply it to your trading chart. Look for crossover points, divergences, and extreme readings to make informed trading decisions. With its user-friendly interface and accurate signals, this indicator is a must-have for forex traders.
MT4
SSRS Smoothed
SSRC Smoothed MTF Indicator is a useful forex indicator for MT4 that is popular among traders for its accuracy. This free indicator works by identifying overbought and oversold conditions in the market, helping traders make more informed decisions. By utilizing multiple time frames, it provides a comprehensive view of market trends. Traders can use this indicator to spot potential entry and exit points in 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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