The ZFXI Swap Version Two Indicator is a popular and useful tool for forex traders using the MT4 platform. This indicator helps traders calculate the swap fees they may incur when holding positions overnight. The indicator is free to download and easy to use, making it a valuable resource for both beginner and experienced traders. To use the ZFXI Swap Version Two Indicator, simply install it on your MT4 platform and attach it to the chart of the currency pair you are trading. The indicator will then display the swap fees for holding a position overnight, allowing you to make informed decisions about your trades. By understanding and accounting for swap fees, traders can better manage their risk and improve their overall profitability in the forex market.
MT4
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ZFXI Swap Version Two
ZFXI Swap Version Two Indicator is a popular and useful forex indicator for MT4 that helps traders monitor swap rates. This free indicator displays the swap rates for different currency pairs, allowing traders to make informed decisions when holding positions overnight. Simply install the indicator on your MT4 platform and easily view the swap rates for each currency pair you are trading.
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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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