The KISS Auto Fib is a popular and useful forex indicator for MT4 that automatically plots Fibonacci levels on your charts. These Fibonacci levels are essential for identifying key support and resistance levels in the market. This indicator is free to download and easy to use, making it a valuable tool for traders of all levels. Simply install the indicator on your MT4 platform and it will automatically start plotting Fibonacci levels based on the recent price action. To use the KISS Auto Fib effectively, simply look for the key Fibonacci levels such as 38.2%, 50%, and 61.8% retracement levels to identify potential entry and exit points for your trades. These levels can also be used to set stop-loss and take-profit levels to manage your risk effectively. Overall, the KISS Auto Fib is a must-have tool for any forex trader looking to improve their technical analysis skills and make more informed trading decisions.
MT4
Kiss Auto Fib
Kiss Auto Fib is a popular and useful forex indicator for MT4 that automatically draws Fibonacci levels on your chart. This free tool simplifies the process of identifying key support and resistance levels, helping traders make informed decisions. Simply apply the indicator to your chart and let it do the work for you. Improve your trading strategy with Kiss Auto Fib today.
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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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