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Home Collection Support & Resistance ZZ SR Tl Indicator
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ZZ SR Tl Indicator

The ZZ SR TL indicator is one of the most popular and useful forex indicators available for the MT4 trading platform. The indicator is composed of two oscillators, the ZZ and SR TL, which are used to identify potential buy and sell signals. The ZZ SR TL indicator is a great tool for any forex trader, providing a simple and effective way to identify potential trading opportunities.

Indicator Type

Breakout

Trading Style

Day Trading

,

Intraday

Timeframe

H1-H4

,

M15-M30

Platform

MT4

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  • How to Install
Description

The ZZ SR TL Indicator is a powerful and useful tool for traders in the Forex market. It is a popular and free indicator available for the MT4 trading platform. This indicator is designed to help traders identify support and resistance levels in the Forex market. It also helps traders understand the trend of the market and make informed trading decisions. The ZZ SR TL Indicator uses a combination of simple trend lines and support/resistance levels to identify potential trading opportunities. It uses a combination of two different trend lines to identify the current trend. The first trend line is the main trend line which shows the overall trend of the market. The second trend line is the support/resistance line which shows the support and resistance levels of the market. The indicator also uses a combination of different colors to indicate the trend of the market. This indicator is free and available for the MT4 trading platform. It is a popular and useful tool for traders 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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