The Joker Filter Indicator is a popular and free Forex indicator for MT4. It is a useful tool for traders, as it helps to identify potential trading opportunities in the market. The indicator uses a combination of two different filters to identify entry and exit points for trades. The first filter is a price filter which looks for price action that is outside of the normal range. The second filter is a momentum filter which looks for a sudden change in momentum. The indicator is easy to use and requires no complicated setup. All you have to do is to attach it to the chart you are trading. Once attached, the indicator will automatically identify potential trading opportunities. It will show you entry and exit points for trades, as well as the strength of the momentum. Overall, the Joker Filter Indicator is a popular and free Forex indicator for MT4. It is a useful tool for traders, as it helps to identify potential trading opportunities in the market.
The Joker Filter Indicator is a useful Forex trading tool that is popular among traders. It uses a combination of the Moving Average, Relative Strength Index, and the Bollinger Bands to identify potential entry and exit points. The indicator also includes a range of other features, such as the ability to customize the settings to fit your trading style. The indicator is also designed to help traders identify trends and make better decisions when trading the Forex markets. The Joker Filter Indicator is an excellent tool for traders who want to make better trading decisions and maximize their profits.
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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.