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Home Collection Price Action Sup Dem Box Button
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Qianxi Indicator
MT4
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Sup Dem Box Button

The Sup Dem Box Button 1.02 indicator is a free and popular Forex indicator for the MT4 platform. The indicator works by drawing boxes on the chart, which represent support and resistance levels. The indicator is easy to install and use, and is an invaluable tool for any Forex trader.

Trading Style

Day Trading

Indicator Type

Sideways

Timeframe

H1-H4

,

M1-M5

,

M15-M30

Platform

MT4

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Category: Price Action
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  • Description
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  • How to Install
Description

The Sup Dem Box Button 1.02 indicator is a useful and popular free Forex indicator for MT4. It is designed to help traders identify support and resistance levels in the market. The indicator displays a colored box on the chart that is used to indicate a support or resistance level. The box is usually displayed in one of two colors; blue for support and red for resistance. The indicator also displays a numerical value that can be used to determine the strength of the support or resistance level. The indicator works by analyzing the price action on the chart and looking for areas where the price has reversed direction. When the price reverses direction at a certain point, the indicator will draw a box at that point. This box can then be used as a reference point for traders to determine the strength of the support or resistance level. The indicator is easy to use and can be quickly added to any chart.

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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:

  1. Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.

  2. Open the MT4/5 terminal and click on “File” in the top left corner.

  3. Select “Open Data Folder” from the dropdown menu.

  4. In the window that opens, double-click on the “MQL4/5” folder.

  5. Double-click on the “Indicators” folder.

  6. Drag and drop the indicator file from your computer into the “Indicators” folder.

  7. Close the data folder window and restart the MT4/5 terminal.

  8. 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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