The II SupDem Indicator is an incredibly useful and popular free Forex indicator for MT4. It is a great tool for traders who want to identify potential price reversals and trend reversals. The indicator works by tracking the highs and lows of the market and then plotting them on a chart. It then uses these highs and lows to determine the possible direction of the market. The indicator also takes into account the momentum of the market, which can help traders identify potential entry and exit points. The II SupDem Indicator is easy to use and understand. All traders need to do is to attach the indicator to their MT4 chart. Once the indicator is attached, it will automatically calculate the highs and lows of the market and plot them on the chart. Traders can then use this information to identify potential price reversals and trend reversals. The indicator also provides further information such as the momentum of the market and the potential entry and exit points.
The II SupDem Indicator is a popular and free Forex indicator that is available on the MT4 platform. It is a useful tool for traders looking to gain insights into market trends and the overall direction of the Forex market. The indicator works by tracking the difference between the upper and lower Bollinger Bands. The II SupDem Indicator is easy to use and requires no previous knowledge or experience in trading. It is a great tool for both beginner and experienced traders alike and can help them make informed trading decisions.
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Category: Support & Resistance
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.