The Market Profile Virgin P POC Indicator is a popular and useful tool for forex traders using the MT4 platform. This indicator helps traders identify key levels in the market, such as the Point of Control (POC), where the most trading activity occurs. This free indicator is easy to use and gives traders a visual representation of the market’s price action, allowing them to make more informed trading decisions. The indicator plots important levels on the chart, including the POC, value area, and value area high/low. Traders can use the Market Profile Virgin P POC Indicator to identify areas of support and resistance, as well as potential breakout points. By incorporating this indicator into their trading strategy, traders can improve their chances of success in the forex market.
MT4
Market Profile Virgin P POC
Market Profile Virgin POC Indicator MT4 is a useful forex indicator that is popular among traders. It is available for free on the MT4 platform. This indicator helps traders identify the Point of Control (POC) in the market profile, which is a key level of support and resistance. By using this indicator, traders can make more informed trading decisions based on market structure.
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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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