The James16 Patterns Indicator is a free and popular Forex indicator for the MT4 platform. It is an incredibly useful tool for traders who are looking to identify potential trading opportunities in the Forex market. The indicator is based on the work of James16, a well-known and respected Forex trader. The James16 Patterns Indicator is a visual tool that helps traders identify potential trading opportunities in the Forex market. It looks for price patterns that indicate a potential reversal or continuation of a trend. The indicator displays a series of arrows that indicate a potential reversal or continuation of a trend. The arrows are color-coded to indicate the strength of the pattern. Green arrows indicate a strong reversal pattern, while red arrows indicate a weak continuation pattern. The James16 Patterns Indicator is a powerful and useful tool for Forex traders.
MT4
James16 Patterns
This free Forex indicator for MT4, James16 Patterns, is a popular and useful tool for traders. It helps traders identify potential trading opportunities in the Forex markets by recognizing price patterns. This indicator also helps traders to identify support and resistance levels, and potential entry and exit points in the market. The indicator is easy to install and use, and it is free to download. It can be used by both beginners and experienced traders, and it is a great way to improve trading performance in the Forex markets.
| Trading Style | |
|---|---|
| Indicator Type | |
| Timeframe | , |
| Platform |
0
People watching this product now!
Downloads - 70
Description
Reviews (0)
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
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.
Wolfe Waves
The Wolfe Waves indicator is a new and popular forex indicator available for free on the MT4 platform. It uses advanced algorithms to identify potential Wolfe Wave patterns in the market and chart those patterns, making them easy for traders to identify and analyze. The Wolfe Waves indicator is highly accurate and does not require redrawing, providing traders with reliable signals they can act on. The Wolfe Waves indicator is an essential tool for any forex trader who is trying to improve their trading strategies and identify high probability trading opportunities.
Volume Weighted MA
Volume Weighted Moving Average (VWMA) is a popular, free and useful Forex indicator for the MT4 platform. This indicator plots the average of a security's volume-weighted price over a period. It does this by measuring the volume of an asset and comparing it to the price. By doing this, traders can see if there is strong buying or selling pressure in the market. The VWMA is a great tool for traders who want to determine the strength of a trend.
Price Action Scaner
The Price Action Scaner Forex Indicator is a useful and popular MT4 indicator that is free to use. It is designed to help traders identify price action patterns that are most likely to lead to profitable trades. The indicator uses a combination of trend analysis, support and resistance levels, and price action signals to provide traders with an insight into the current market conditions. It also provides alerts when certain trading signals are detected, allowing traders to take action quickly. With the Price Action Scaner Forex Indicator, traders can quickly identify potential trading opportunities and take advantage of them.
Fractals Adjustable Period Trend Lines
The Fractals Adjustable Period Trend Lines Indicator is a useful and popular free Forex indicator for the MT4 trading platform. It works by plotting fractals on the chart, which are then used to draw trend lines that are adjustable in period. The indicator is also useful for spotting support and resistance levels, as well as for determining entry and exit points for trades. It is a great tool for both novice and experienced traders, as it provides a clear visual representation of the market and helps traders make informed decisions.
ZP Day Trading
The Daytrading Forex Indicator is a popular and free MT4 tool that is useful for intraday traders. It provides a visual representation of the forex market, allowing traders to quickly identify the best entry and exit points. It also provides traders with an easy-to-use interface for setting parameters, allowing them to customize the parameters to suit their trading style. With its simple yet powerful features, the Daytrading Forex indicator is a great tool for day traders who want to make the most of their trading experience.
Breakout Pattern
The Breakout Pattern Indicator is a popular and free Forex indicator for MetaTrader 4 (MT4) trading platforms. It is a useful tool for traders who are looking to identify breakouts and potential trading opportunities. The indicator uses a combination of technical analysis, including support and resistance levels, trendlines, and price action to identify potential breakouts. The Breakout Pattern Indicator is a great tool for traders who are looking to take advantage of market breakouts and capitalize on potential trading opportunities.
Reviews
There are no reviews yet.