The BB Stops 1.3 Indicator is a popular and useful Forex indicator for MT4 trading platforms. It is a free indicator that helps traders identify entry and exit points in the market. It is based on the Bollinger Band and uses a combination of two bands to determine when to enter and exit a trade. The bands are based on the standard deviation of the price and the indicator will alert you when the price reaches the outer band. This allows traders to take advantage of market volatility and make profits. The indicator is simple to use and can be easily implemented into any trading strategy. It is highly customizable and allows traders to adjust the parameters to suit their trading style. The indicator also provides an alert when the price reaches the outer band, allowing traders to take advantage of market volatility. The BB Stops 1.3 Indicator is a powerful tool for traders of all levels and it can be used with any currency pair. The indicator is a great way to identify entry and exit points in the market. It is reliable and accurate and can be used with any trading style. The indicator is easy to use and can be customized to suit the individual trader’s needs. It is a popular and free indicator for MT4 trading platforms and is highly recommended for all traders.
MT4
BB Stops 1.3
BB Stops 1-3 is a useful and popular free Forex indicator for the MT4 platform. It is a trend-following indicator that uses the Bollinger Bands to generate buy and sell signals. The indicator is easy to use and can be used to identify potential entry and exit points for trades. It is a popular tool among traders as it helps to identify trend reversals and can be used to generate trading signals.
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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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