The MMLevels VG forex indicator is a free and popular MT4 indicator that is useful for traders of all levels. It is designed to help traders identify trend reversals and potential entry points. This indicator is based on the popular Volume Gradient (VG) indicator and uses a combination of volume and price data to generate buy and sell signals. The MMLevels VG indicator is easy to use and can be quickly installed onto the MT4 platform. It is composed of two lines, the VG line and the support/resistance line, which are used to identify potential entry points. The VG line is used to identify trend reversals, while the support/resistance line is used to identify potential entry points. The indicator also displays a histogram to indicate the strength of the trend. When the VG line crosses above the support/resistance line, it is a signal to enter a buy trade. Conversely, when the VG line crosses below the support/resistance line, it is a signal to enter a sell trade. The indicator also provides additional signals such as divergence and trend continuation signals. The indicator is free to download and install and is a popular choice among forex traders.
MT4
Mmlevels VG
The MMLevels VG Indicator is a popular and free Forex indicator for the MT4 platform. It is a powerful and useful tool which helps traders to identify key support and resistance levels. The indicator is easy to use and can be used in conjunction with other indicators to get a better understanding of the market.
| Indicator Type | |
|---|---|
| Trading Style | , |
| Timeframe | , |
| Platform |
0
People watching this product now!
Downloads - 10
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
Multi Time Frame Breakout
The Multi-Time Frame Breakout indicator is a new and popular forex indicator that is available for free on the MT4 platform. This indicator helps traders identify breakout points by analyzing multiple timeframes at the same time. It works by plotting support and resistance levels based on the highest and lowest price levels over multiple time frames. This is a valuable tool for traders who use multiple timeframes in their analysis and want to improve their accuracy in identifying potential breakout points.
Zone Indicator
The Zone Indicator is a popular MT4 Forex trading tool that is new to the market and is available as a free download. This is essential for forex traders who rely on support and resistance strategies, trend traders and traders who want to anticipate price action. The Zone indicator automatically displays strong support or resistance levels on the chart.
Reviews
There are no reviews yet.