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Home Collection Stochastic Demarker Adaptive Smoother V4
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Demarker Adaptive Smoother V4

The Demarker Adaptive Smoother v4 Forex Indicator is a popular and free MT4 tool that is useful for traders. The indicator works by analyzing the price action of the market and using a smoothing algorithm to generate an oscillator that ranges from 0 to 100. It is a great tool for helping traders identify potential trading opportunities and maximize their profits.

Indicator Type

Overbought & Oversold

Timeframe

H1-H4

,

M15-M30

Platform

MT4

Trading Style

Beginner

,

Intraday

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Description

The DeMarker Adaptive Smoother v4 forex indicator is a popular and free MT4 indicator that is useful for traders looking to analyze the forex market. This indicator is based on the DeMarker oscillator that was developed by Tom DeMark, and is used to identify potential overbought and oversold conditions in the market. The DeMarker Adaptive Smoother v4 indicator is an improved version of the original DeMarker oscillator, as it has been designed to be more responsive to price movements. The DeMarker Adaptive Smoother v4 indicator is easy to use and can be implemented in any timeframe. The indicator consists of two lines, a main line that is based on the DeMarker oscillator, and a signal line which is a smoothed version of the main line. The main line is used to identify overbought and oversold conditions in the market, while the signal line is used to generate buy and sell signals. The indicator also has an adjustable parameter that can be used to adjust the sensitivity of the indicator. The indicator is easy to use and can be implemented in any timeframe, making it a great tool for traders looking to gain an edge in the forex 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:

  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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