The Pivot Average MTF Indicator is a useful tool for forex traders using the MT4 platform. This popular indicator provides traders with a clear visual representation of pivot points and moving averages on multiple timeframes. It is free to download and use, making it accessible to all forex traders. The indicator works by plotting pivot points based on historic price data, and also displays moving averages to help traders identify key levels of support and resistance. By analyzing these levels across different timeframes, traders can make more informed trading decisions. To use the Pivot Average MTF Indicator, simply add it to your MT4 platform and adjust the settings to suit your trading strategy. By incorporating this indicator into your analysis, you can improve your chances of success in the forex market.
MT4
Pivot Average
The Pivot Average MTF Indicator for MT4 is a popular and useful forex indicator that is available for free. This indicator calculates pivot points and displays them as horizontal lines on the chart. Traders can use these pivot points to identify potential support and resistance levels, as well as potential entry and exit points for their trades. It is a valuable tool for any forex trader using the MT4 platform.
| Platform | |
|---|---|
| Timeframe |
0
People watching this product now!
Downloads - 5
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
Xtreme Binary Bot
The Xtreme Binary Bot is a useful and popular free Forex indicator for Metatrader 4 (MT4) that provides traders with accurate buy and sell signals. The Xtreme Binary Bot indicator uses sophisticated algorithms to generate signals based on the movements of the market. It is easy to use, and it provides traders with clear and concise signals that can be used to enter and exit trades. The Xtreme Binary Bot indicator is a great tool for traders who want to maximize their profits in the Forex market.
Position Size Calculator
The Position Size Calculator indicator is a new and popular tool for forex traders that can be downloaded for free on the MT4 platform. This helps traders determine the correct position size for their trades based on the account balance, risk tolerance and the currency pair they are trading. The indicator takes into account the stop loss level, pip value and currency pair volatility to ensure that traders do not risk more than they can afford to lose. It is an essential tool for both beginners and experienced traders who want to effectively manage their risks and maximize their potential profits.
Daily Forex Signal
The Daily Forex Signal Indicator is a useful and popular free MT4 forex indicator which provides traders with simple buy and sell signals. It is based on the popular Moving Average Convergence Divergence (MACD) indicator, and uses a combination of moving averages and oscillators to generate reliable signals. It is especially useful for short-term trading strategies, as it can help traders identify entry and exit points quickly and accurately. With its reliable signals and customizable features, the Daily Forex Signal Indicator is a great tool for any trader looking to maximize their profits in the forex market.
P4l Candletime
The P4L CandleTime indicator is a popular tool for forex traders and is available for free on the MT4 platform. The P4L CandleTime indicator works by tracking and displaying the open and close of candles and can be configured to display different time frames depending on the trader's preference. It is a simple and effective tool that both beginners and experienced traders can use to improve their trading strategies.
Average True Range
The Average True Range Value indicator is a popular and free forex indicator available on MT4. This new indicator calculates the Average True Range (ATR) for the specified period and displays it in the corner of the chart. The ATR is a useful indicator for measuring market volatility and identifying potential trading opportunities that you can use to set stop loss levels or determine entry and exit points for your trades. Use the Average True Range Indicator to update your personal trading toolbox.
Risk Reward Ratio
The Risk Reward Ratio indicator is a new and popular MT4 indicator used in forex trading. It works by analyzing the potential risk and reward of a trade and presenting the information in an easy-to-read format. The indicator displays the risk-reward ratio as a percentage, allowing traders to quickly assess the potential gains and losses of a trade before entering into it. With this valuable information, traders improve their trading strategies and minimize their risk in the forex market.
Daily Atr
The Daily ATR Indicator is a popular and free Forex indicator for the MetaTrader 4 (MT4) trading platform. It is a useful tool that helps traders measure the volatility of the market by calculating the Average True Range (ATR) of a currency pair over a specified period of time. By analyzing the ATR of a currency pair, traders can determine the strength of the current trend and the potential for a reversal. The Daily ATR Indicator is a great tool for any trader looking to gain an edge in the Forex market.
Reviews
There are no reviews yet.