The Brilliant Reversal Indicator is a useful and popular free Forex indicator for MT4 (MetaTrader 4). It is designed to identify and signal potential reversals in the market, helping traders to make better decisions and manage their trades more effectively. The indicator works by analyzing the price action of the market and using a combination of various technical indicators to identify potential reversal points. It then displays the signals on the chart, allowing traders to easily spot the points where they should enter or exit a trade. The Brilliant Reversal Indicator is easy to use and can be applied to any time frame or currency pair. It is especially useful for scalpers and day traders who need to make quick decisions. The indicator is also great for swing traders who need to identify potential reversals in order to enter or exit positions. It can also be used by long-term traders who are looking to identify key levels of support and resistance. The Brilliant Reversal Indicator is a powerful tool that can help traders make more informed decisions and increase their trading success. It is easy to set up and use, and is a great addition to any Forex trader’s toolbox.
MT4
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Brilliant Reversal
The Brilliant Reversal Indicator is a powerful and useful tool for Forex trading. It is one of the most popular and free indicators available for the MetaTrader 4 (MT4) trading platform. This indicator is designed to help traders identify potential entry and exit points in the Forex market. It displays a range of reversal signals that can be used to identify potential reversals in the market. The Brilliant Reversal Indicator is a great tool for any trader looking for an edge in the Forex market.
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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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