The I Round Price Indicator is a useful, free Forex indicator for the popular MT4 trading platform. It is used to help traders identify potential entry and exit points in the market. The indicator works by displaying a line on the chart that represents the rounded price of the currency pair. The line is then used to indicate potential entry and exit points. For example, if the line is above the current price, then it may be an indication to buy. Conversely, if the line is below the current price, then it may be an indication to sell. The indicator also includes a number of customizable features, such as the ability to set the rounding level and the number of decimal places to be used when calculating the rounded price. This allows traders to tailor the indicator to their own trading strategy and risk tolerance.
MT4
I Round Price
The I Round Price Indicator is a useful and popular free Forex indicator for the MT4 trading platform. This indicator works by plotting a line on the chart that follows the price of the currency pair, allowing traders to quickly identify the current price of the pair. The I Round Price Indicator is a great tool for Forex traders of all levels of experience and can be a valuable asset to any trading strategy.
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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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