The S&R Lines Indicator is a useful tool for forex traders using the MT4 platform. It is a popular indicator among traders as it helps identify support and resistance levels on the price chart. These levels are critical for making informed trading decisions as they indicate potential reversal points or areas of strong price action. The S&R Lines Indicator is easy to use – simply install it on your MT4 platform, and it will automatically plot support and resistance lines on your chart. Traders can use these lines to identify potential entry and exit points for their trades, as well as to set stop-loss and take-profit levels. Best of all, the S&R Lines Indicator is free to download and use, making it a valuable tool for traders of all experience levels.
MT4
S R Lines
S&R Lines Indicator is a useful forex indicator for MT4 that is popular among traders for its accuracy in identifying support and resistance levels. This free indicator helps traders make informed decisions based on key price levels, improving trading strategies. Simply install the indicator on your MT4 platform and use it to guide your trades for better outcomes.
Indicator Type | |
---|---|
Trading Style | |
Timeframe | |
Platform |
0
People watching this product now!
Categories: Signal, Support & Resistance
Downloads - 25
Description
Reviews (0)
Be the first to review “S R Lines” Cancel reply
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.
Related products
Keltner Channel With Signals
The Keltner Channel with Signals Indicator is a popular and free forex indicator that runs on the MT4 platform. This is a new and innovative tool that uses the Keltner Channel as the basis for generating trading signals, helping traders identify potential trading opportunities. Use the Keltner Channel with Signals Indicator as a powerful tool that can help traders succeed in the forex market.
Swing Point Highs
The Swing Point Highs and Lows indicator is a new, popular and free MT4 technical analysis tool for forex traders. This indicator works by identifying swing points on a price chart and then drawing horizontal lines to indicate potential support and resistance levels. The swing point high and low indicator is a valuable tool for traders who want to identify key support and resistance levels and is suitable for both beginners and experienced traders.
Darvas Boxes nmc
The Darvas Boxes NMC Indicator is a nice and free Forex trading tool available for MT4 platforms. It is based on the Darvas box trading method, which involves identifying trends through the creation of boxes on a price chart. The indicator helps traders visualize key support and resistance levels and potential trend reversals. The Darvas Boxes NMC Indicator provides clear buy and sell signals through color changes and arrows, allowing traders to make informed trading decisions. Its user-friendly interface and customizable settings make it suitable for both novice and experienced traders.
MA Crossover Alerts
The MA Crossover Alerts Indicator is a popular and free forex indicator that signals potential trend changes by identifying when two moving averages cross each other. Indicator will generate an alert or notification to indicate that a potential trend reversal is imminent. It is easy to install and use, making it an excellent choice for both novice and experienced traders.
My Price Action
My Price Action Indicator is a nice and accurate forex trading indicator available for free on MT4 platrorm. This indicator uses historical price data to generate visual signals by highlighting support and resistance zones, trend lines, and chart patterns that can be used to make informed trading decisions. Whether you are a beginner or an experienced trader, My Price Action Indicator can provide valuable insights into the market to help you make profitable trades.
PZ ABCD Retracement
The PZ ABCD Retracement Indicator is a popular and free forex indicator for MT4 that helps traders identify potential trading opportunities by identifying the AB=CD harmonic pattern. The indicator automatically plots Fibonacci retracement levels to help traders identify entry and exit points. It works by scanning the market for the AB=CD pattern and drawing the necessary lines and levels. It can be used by both a novice and an experienced trader, making it a versatile tool for traders who want to improve their trading results.
Reviews
There are no reviews yet.