The Versatile Super Trend Indicator for MT4 is a popular and free Forex trading tool that is useful for traders of all levels. This indicator helps traders identify the direction of the trend and make better trading decisions by providing a clear visual representation of the market. It is easy to use and can be used to monitor multiple timeframes and currency pairs. The indicator works by displaying a colored line that moves up and down depending on the price action of the currency pair. When the line is rising, the trend is considered to be up, and when it is falling, the trend is considered to be down. The indicator also provides traders with other useful information such as the current trend direction, the current trend strength, and the current trend volatility. The Versatile Super Trend Indicator for MT4 is a great tool for traders looking to identify the direction of the trend and make better trading decisions. It is easy to use and can be used to monitor multiple timeframes and currency pairs. This indicator is popular among traders of all levels and is a great way to gain insight into the market. With its clear visual representation of the market, traders can quickly identify the direction of the trend and make better trading decisions.
MT4
Versatile Super Trend
The Versatile Super Trend Indicator MT4 is a popular and free Forex indicator that is useful for traders of all levels. This indicator works by providing traders with clear signals that indicate when to buy or sell a currency pair. It is also highly customizable, allowing traders to adjust the indicator settings to suit their individual trading style. With its simple yet effective design, the Versatile Super Trend Indicator MT4 is a great tool for traders looking to maximize their profits in the Forex 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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