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Home Collection Signal Super Signals
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Super Signals

The Super Signals Indicator MT5 is a very useful and popular free Forex indicator. The indicator works by analyzing the price action of a currency pair and then providing traders with signals when there is a potential opportunity to enter or exit a trade. By using the Super Signals Indicator MT5, traders can improve their trading results and maximize their trading profits.

Trading Style

Short-term

Indicator Type

Reversal

Timeframe

D1-W1

,

H1-H4

,

M15-M30

Platform

MT5

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  • How to Install
Description

The Super Signals Indicator MT5 is a popular, free and useful Forex indicator. It is designed to help traders identify potential buy and sell opportunities in the market. The indicator works by analyzing price movements and momentum to generate signals, which can then be used to make trading decisions. The indicator is easy to use and can be installed on the MetaTrader 5 (MT5) trading platform. The Super Signals Indicator MT5 is based on the Moving Average Convergence Divergence (MACD) indicator, which is a popular technical analysis tool used to identify trend reversals. The indicator uses two lines to calculate the MACD, which are the signal line and the histogram. The signal line is used to generate buy and sell signals, while the histogram is used to identify the strength of the signals. The indicator also includes a third line, which is the zero line, which is used to identify the direction of the trend. With this indicator, traders can quickly identify potential buy and sell signals, which can then be used to make profitable trading decisions.

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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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