The SSL Channel Chart Alert indicator is a new popular forex indicator available for the MT4 platform. It is based on the moving average and price channel and is designed to help traders identify the market trend and potential trading opportunities. The indicator consists of three lines: blue, red and gray. The blue line corresponds to an uptrend, the red line to a downtrend, and the gray line to a flat. When the blue line is above the gray line, the market is bullish. When the red line is below the gray line, the market is considered bearish. When the gray line is in the middle, the market is considered to be in a consolidation phase. All in all, the SSL Channel Chart Alert indicator is a reliable and effective tool for identifying market trends and making successful trading decisions.
SSL Channel Chart Alert
The SSL Channel Chart Alert indicator is a popular forex indicator available for the MT4 platform. It is based on the moving average and price channel and is designed to help traders identify the market trend and potential trading opportunities. It draws a channel based on the high and low prices over a certain period, indicating the direction of the trend. The SSL Channel Chart Alert indicator can be used by traders of all levels to improve their trading strategies and maximize 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.