The Stochastic Super Kama Indicator is a popular and free Forex indicator for the MT4 trading platform. This indicator is useful for both novice and experienced traders as it combines the features of two popular indicators, the Stochastic and Super Kama. The Stochastic Super Kama Indicator is designed to identify the direction of the trend and provide signals for entry and exit points. It does this by combining the features of the Stochastic and Super Kama indicators. The Stochastic indicator is used to identify overbought and oversold conditions in the market, while the Super Kama indicator is used to identify longer-term trends. The Stochastic Super Kama Indicator is easy to use and interpret. It plots two lines on the chart, the Kama line and the Stochastic line. The Kama line is used to identify the direction of the trend, while the Stochastic line is used to identify potential entry and exit points. The indicator also provides signals when the Kama line crosses the Stochastic line. The indicator is free and available on the MT4 trading platform, making it a popular choice for traders.
MT4
Stochastic Super Kama
The Stochastic Super Kama Indicator is a useful and popular free Forex indicator for MT4. The indicator works by comparing the closing price of a currency pair to its high and low over a specific time period. The indicator also provides traders with the ability to set different parameters such as the period, the smoothing method, and the sensitivity level. The Stochastic Super Kama Indicator is a great tool for Forex traders of all levels and can be used to identify 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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