This Round Price Exit Indicator is a useful and popular free Forex indicator for the MT4 platform. It is designed to help traders identify the best exit point for their trades to maximize their profits. The indicator works by automatically drawing horizontal lines at the price levels that traders specify. It can be used to identify the best exit point for long and short trades, as well as for stop loss and take profit levels. The indicator is very easy to use. All you need to do is specify the price levels you want the indicator to draw lines at. This can be done by clicking on the “Round Price” button in the indicator’s settings. Once you have set the desired price levels, the indicator will automatically draw horizontal lines at those levels. This makes it very easy to identify the best exit point for your trade. The indicator is free and easy to use, making it a popular choice among Forex traders.
MT4
Round Price Exit
This free Round Price Exit indicator for MT4 is a very useful tool for Forex traders. This popular indicator works by drawing a line at the current price level and then plotting a line at a certain distance away from it. With this indicator, traders can easily and accurately set their exit points and maximize their profits.
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Category: Trend
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Description
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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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