The RPoint Swing Indicator is a free and popular Forex indicator for the MT4 platform. It is a useful tool for traders who want to identify potential swing points in the market. The indicator is based on a combination of price action and volatility, and is designed to provide traders with an easy-to-use visual representation of the market. The RPoint Swing Indicator uses a combination of price action and volatility to identify potential swing points in the market. The indicator looks at the current price action and compares it to past price action to identify potential swing points. It then uses volatility to confirm the swing points and provide traders with a visual representation of the market. The indicator also includes a number of features, such as a visual representation of the swing points, an alert system, and the ability to customize the settings. It is a great tool for traders who want to identify potential swing points in the market and get an idea of when to enter and exit trades.
MT4
Rpoint Swing
The RPoint Swing Indicator is a free and popular Forex indicator for the MT4 platform. The Indicator uses a combination of price action and volatility to identify potential swing points in the market. It is a great tool for traders who want to identify potential swing points in the market and get an idea of when to enter and exit trades.
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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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