The Bollinger Bands STARC Indicator is a useful forex indicator that is popular among traders. It is specifically designed for use on the MT4 platform and is completely free to download and use. This indicator combines the simplicity of Bollinger Bands with the power of STARC Bands to provide accurate signals for forex trading. The Bollinger Bands STARC indicator consists of three bands: the upper, middle, and lower bands. The upper and lower bands represent the volatility of the market, while the middle band represents the average price. Traders can use the Bollinger Bands STARC Indicator to identify potential trade setups. When the price reaches the upper band, it indicates that the market is overbought and a bearish trend may be approaching. Conversely, when the price reaches the lower band, it suggests that the market is oversold and a bullish trend may be imminent. Traders can then use this information to make informed decisions on when to enter or exit trades. Overall, the Bollinger Bands STARC Indicator is a reliable and popular tool among forex traders. Its ease of use, accurate signals, and compatibility with the MT4 platform make it a valuable addition to any trader’s toolkit.
MT4
Bollinger Bands Starc
Bollinger Bands STARC Indicator is a popular and useful forex indicator for MT4. It is a free tool that provides traders with valuable insights into market volatility and potential price reversals. By combining Bollinger Bands with the STARC bands, this indicator helps identify overbought and oversold conditions, enabling traders to make informed trading decisions. Learn how to effectively use this indicator to enhance your forex trading strategy.
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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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