The Zigzag Dual Buffer Indicator is a useful and popular free Forex indicator for MT4. It is designed to help traders identify potential trading opportunities by plotting two different Zigzag lines on the same chart. The indicator is based on the Zigzag indicator, which is a popular technical analysis tool used to identify significant price trends. The Zigzag Dual Buffer Indicator combines two different Zigzag lines with different parameters, allowing traders to identify potential entry and exit points for their trades. The indicator works by plotting two different Zigzag lines on the same chart. The first line is based on the default Zigzag indicator, while the second line is based on the same parameters but with a different buffer size. As the price moves, the indicator will plot a Zigzag line on the chart, indicating a potential trend. The second line is then plotted with a different buffer size, allowing traders to identify potential entry and exit points for their trades. It is a great tool for traders who want to identify potential trading opportunities quickly and easily.
MT4
Zigzag Dual Buffer
The Zigzag Dual Buffer Indicator is a popular and free Forex indicator for the MT4 trading platform. The indicator works by displaying two lines on the chart. It is a great tool for traders who are looking for an easy and effective way to identify and take advantage of market trends.
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Category: Trend
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Description
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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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