The Super Smoother Levels Indicator MT5 is a free and popular Forex indicator that is useful in helping traders identify potential support and resistance levels. This indicator is designed to be used on the MetaTrader 5 platform and provides traders with a visual representation of the levels of support and resistance in the market. The indicator is based on a combination of moving averages and Fibonacci levels, which are used to identify potential price points where the market may reverse. The Super Smoother Levels Indicator MT5 works by plotting the moving averages and Fibonacci levels onto the chart. The indicator is designed to identify potential levels of support and resistance, which can be used to help traders make informed decisions about their trades. The indicator also provides traders with an indication of the strength of the support and resistance levels, which can be used to determine when to enter and exit trades. Overall, the Super Smoother Levels Indicator MT5 is a useful and popular free indicator that can help traders identify potential support and resistance levels in the Forex market.
Super Smoother Levels
The Super Smoother Levels Indicator MT5 is a free and popular Forex indicator that is useful for traders of all levels. It works by smoothing out price movements and displaying them as horizontal lines, which can then be used to identify potential support and resistance levels. With the Super Smoother Levels Indicator MT5, traders can make more informed and profitable decisions in the Forex market.
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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.