The Nice Value Chart 1.0 Indicator is a useful and popular free Forex indicator for MT4. It is a great tool for traders who want to analyze the market and make informed trading decisions. The indicator works by plotting a chart of the price action of a currency pair over time. It then calculates the average price and the standard deviation of the price over the period of time. The chart then plots these values as a line, which can be used to identify support and resistance levels in the market. The indicator is easy to use and can be quickly set up on the MT4 platform. Once the indicator is installed, all that is required is to select the currency pair, time frame and period of analysis. The indicator will then plot the chart and the average price and standard deviation lines. Traders can then use this information to help them identify potential entry and exit points in the market. The indicator is a great way to identify support and resistance levels in the market and help traders make better trading decisions.
MT4
Nice Value Chart 1 0
The Nice Value Chart 1.0 indicator is a useful and popular free Forex indicator for the MT4 trading platform. The indicator works by plotting two lines on the chart, one representing overbought and one representing oversold. It is a popular choice among Forex traders due to its accuracy and reliability.
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Category: Stochastic
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Description
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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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