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Synergy Pro TDI

The Synergy Pro TDI Indicator is a popular and free Forex indicator for MT4. The indicator works by combining multiple indicators, such as the Relative Strength Index, Moving Averages, and the Average True Range, to create an overall picture of the market. The Synergy Pro TDI Indicator is a popular and useful tool for traders who want to maximize their profits and minimize their losses.

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Description

The Synergy Pro TDI Indicator is a free Forex indicator specifically designed for the MT4 trading platform. It is a powerful tool that provides traders with a comprehensive analysis of the market, helping them identify potential trading opportunities. The Synergy Pro TDI Indicator combines price action, volume, and momentum to generate signals for entering and exiting the market. With its alert system, traders can be notified when a signal is generated, ensuring timely execution of trades. This indicator is user-friendly and can be applied to any time frame, making it a popular choice among Forex traders.

Features of the Indicator

The Synergy Pro TDI Indicator offers several key features that make it a valuable tool for Forex traders. Firstly, it utilizes a combination of indicators, including moving averages, MACD, and RSI, to generate trading signals. This allows traders to benefit from multiple technical analysis tools and enhance the accuracy of their trading decisions.

Additionally, the indicator includes an alert system, which eliminates the need for constant monitoring of the charts. Traders can set up alerts and receive notifications when a signal is generated, enabling them to take immediate action.

Moreover, the Synergy Pro TDI Indicator is designed to be versatile, as it can be used on any time frame. Traders can adapt the indicator to their preferred trading style, whether it be scalping, day trading, or swing trading.

How the Indicator Can Benefit You

The Synergy Pro TDI Indicator offers numerous benefits to Forex traders. Firstly, it provides a comprehensive analysis of the market by incorporating various technical indicators. This allows traders to make more informed trading decisions, increasing the probability of successful trades.

Secondly, the alert system of the indicator saves traders time and effort. Traders can set up alerts for specific trading signals and receive notifications when a signal is generated. This ensures that traders do not miss potential trading opportunities, even when they are not actively monitoring the charts.

Furthermore, the Synergy Pro TDI Indicator’s ability to be applied to any time frame makes it a versatile tool for traders. Whether trading on shorter time frames for intraday strategies or longer time frames for swing trading, this indicator can be easily adjusted to suit different trading styles.

Indicator Settings

RSI Value: calculates a value representing the cumulative strength and weakness of price, using the specified price and a period. The default period is set to 10.

Color settings: allows customization of the colors used in the indicator’s presentation.

Conclusion

In conclusion, the Synergy Pro TDI Indicator is a valuable tool for Forex traders seeking to enhance their technical analysis and make more informed trading decisions. Its combination of technical indicators, alert system, and adaptability to various time frames make it a powerful asset for traders. By incorporating the Synergy Pro TDI Indicator into your trading strategy, you can improve your trading performance and increase your chances of success 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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