The Predict Pivot Points Indicator is a useful and popular Forex indicator for the MT4 trading platform. It is free and easy to use, making it a popular choice for many traders. The Predict Pivot Points Indicator works by automatically calculating and displaying potential support and resistance levels based on the previous day’s high, low and close prices. This helps traders to quickly identify possible entry and exit points. The indicator also uses the Fibonacci Retracement tool to identify potential support and resistance levels. The Predict Pivot Points Indicator is easy to install and use. All you need to do is download the indicator and install it on your MT4 trading platform. Once installed, the indicator will automatically calculate and display the support and resistance levels on your chart. You can then use these levels to identify potential entry and exit points. With the Predict Pivot Points Indicator, traders can quickly identify potential entry and exit points, helping them to make more profitable trades.
MT4
Predict Pivot Points
This free Forex indicator is a useful tool for traders to accurately predict future price movements. This indicator is easy to set up and use, and can be applied to any currency pair. It is based on the pivot point calculation, and uses support and resistance levels to provide accurate signals. It is a great tool for traders looking to maximize their profits in the Forex market.
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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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