The Professional Swing Indicator is a free and popular MT4 Forex indicator that is useful for swing traders. This indicator can help traders identify and capitalize on short-term price movements, allowing them to make profitable trades. The Professional Swing Indicator is easy to use and can be quickly integrated into any MT4 trading platform. The indicator works by analyzing price movements in real-time and detecting short-term swings. It can identify short-term support and resistance levels, helping traders identify potential entry and exit points. The indicator also helps traders identify potential trend reversals, allowing them to capitalize on potential price movements. The Professional Swing Indicator is a great tool for swing traders who want to capitalize on short-term price movements.
MT4
TSI Macd
The Professional Swing Indicator is a useful and popular free Forex indicator for the MT4 platform. The indicator works by detecting price swings, and then drawing a line connecting the two points. This makes it easy to identify potential support and resistance levels, allowing traders to make more informed decisions about their trading strategies. The indicator is easy to install and use, and is a great tool for any Forex trader looking to improve their trading results.
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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.
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