The Multi-Pair Pivot Point Scanner Alerts MT4 is a useful free Forex indicator for the popular MT4 trading platform. This indicator scans multiple currency pairs and identifies potential pivot points, which can be used as a trading strategy to identify potential buying and selling opportunities. The indicator is easy to use and can be set up quickly. The indicator works by scanning multiple currency pairs and looking for potential pivot points. It then alerts the trader when the price reaches a pivot point. This allows the trader to identify potential buying or selling opportunities based on the pivot points. The indicator also provides support and resistance levels, which can be used to help identify potential trading opportunities. The indicator is also customizable, allowing the trader to set up the indicator to scan multiple currency pairs and look for potential pivot points. The trader can also adjust the sensitivity of the indicator to ensure that the alerts are triggered at the right time. With its customizable settings, the indicator can be tailored to suit the needs of any trader.
MT4
Multi Pair Pivot Point Scanner Alerts
This useful free Forex indicator for MT4 is one of the most popular trading tools available. It scans for possible pivot points across multiple pairs and provides alerts when they are reached. With this indicator, you can easily stay on top of the market and identify potential entry and exit points. The Multi-Pair Pivot Point Scanner Alerts indicator is easy to install and use, making it a great tool for both novice and experienced traders.
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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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