The Robby DSS Bressert Stochastic Indicator is a useful and popular free Forex indicator for the MT4 trading platform. It is a great tool to help traders identify potential entry and exit points for their trades. The indicator is based on the Stochastic Oscillator, which is a technical momentum indicator that compares the closing price of a security to its price range over a given period of time. The indicator consists of two lines, the %K line and the %D line, which are both used to generate buy and sell signals. When the %K line crosses above the %D line, it is a signal to buy, and when the %K line crosses below the %D line, it is a signal to sell. The Robby DSS Bressert Stochastic Indicator also has a built-in alert system that will notify the trader when a buy or sell signal is generated. This makes it a great tool for traders who are looking for an easy way to identify potential entry and exit points for their trades.
MT4
Robby Dss Bressert Stochastic
The Robby DSS Bressert Stochastic Indicator is a popular and free forex indicator for MetaTrader 4 (MT4) that can be used to identify trend reversals and generate trading signals. It plots two lines on the chart, one for the fast Stochastic Oscillator and one for the slow Stochastic Oscillator. This indicator is a great tool for traders looking to identify potential entry and exit points in the 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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