The PET-D Forex Indicator is a useful and popular free tool for MT4 traders. It is used to detect trend reversals and is based on the Parabolic SAR (Stop and Reverse) indicator. The indicator works by plotting dots above and below the price on the chart. When the dots are below the price, it indicates an uptrend and when the dots are above the price, it indicates a downtrend. The PET-D Forex Indicator is a great tool for traders looking for a reliable way to identify trend reversals. The indicator is easy to use and understand, which makes it popular among traders. To use the indicator, traders simply need to look for the dots plotted on the chart. If the dots are below the price, it indicates an uptrend and if the dots are above the price, it indicates a downtrend. Traders can then use this information to enter and exit trades accordingly. The PET-D Forex Indicator is a great tool for traders looking to identify trend reversals in the Forex market. It is easy to use and understand, and can be used on any time frame.
MT4
Pet-D Indicator
The Pet-D Indicator is a popular and free Forex indicator for MT4 that is useful for traders of all levels. It is designed to provide traders with insight into the direction of the market, helping them to make informed decisions and maximize their profits. The indicator uses a combination of technical analysis and price action to generate signals, which can be used to identify entry and exit points for trades. It is easy to use, and its features are customizable, allowing traders to tailor it to their individual trading style. With its easy to understand signals and customizable features, it is a great way to increase your chances of success in the Forex markets.
| Trading Style | |
|---|---|
| Indicator Type | |
| Timeframe | |
| Platform |
0
People watching this product now!
Downloads - 32
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
FX Sniper
The FX Sniper indicator is a new and popular forex indicator available for free on the MT4 platform. It uses advanced algorithms to identify trends and potential trading opportunities. The indicator is easy to use and gives clear signals on when to buy or sell based on market conditions. The FX Sniper indicator is suitable for traders of all levels, from beginners to experienced traders who want to improve their trading performance and profitability.
Advanced ADX
The Advanced ADX Indicator is a popular and free forex trading tool designed for MT4 platform. It provides traders with accurate trend direction signals by analyzing the strength of the market trend. The Advanced ADX Indicator is a new addition to the forex indicator market and has gained popularity among traders due to its ease of use and accuracy. It is a must-have for any trader looking to improve their trading strategy and profitability.
Donchian Channel
The Donchian Channel Indicator is a popular forex indicator that is widely used by forex traders to determine trend direction as well as entry and exit points designed to be used in the forex market with the MT4 platform. This indicator is very popular among traders because of its simplicity and efficiency, it works by determining the high and low of the price for a certain period and plotting a channel based on these values. The Donchian Channel Indicator is a popular and effective forex indicator that gives clear market entry and exit signals, making it an essential tool in a successful forex trader's toolbox.
Jebatfx Breakout Trendline
The JebatFX Breakout Trendline Indicator is a new and popular forex indicator available for free on the MT4 platform. It is designed to identify breakout trendline opportunities by plotting trendlines and highlighting breakout signals. The indicator uses complex algorithms to analyze price movements and identify key support and resistance levels to generate trading signals. The JebatFX Breakout Trendline Indicator is user-friendly and easy to use, making it suitable for both novice and experienced traders.
Swing Point Highs
The Swing Point Highs and Lows indicator is a new, popular and free MT4 technical analysis tool for forex traders. This indicator works by identifying swing points on a price chart and then drawing horizontal lines to indicate potential support and resistance levels. The swing point high and low indicator is a valuable tool for traders who want to identify key support and resistance levels and is suitable for both beginners and experienced traders.
Reviews
There are no reviews yet.