The Prime Levels Black Indicator is a useful and popular free Forex indicator for MT4 (MetaTrader 4) trading platforms. This indicator is designed to provide traders with an easy-to-use tool for identifying potential support and resistance levels on their charts. The indicator works by analyzing the current market conditions and plotting horizontal lines on the chart to show areas where the price may find support or resistance. It is a great tool for traders who are looking for potential entry and exit points in the market. The indicator is easy to use and can be placed on any chart with just a few clicks. Once the indicator is added to the chart, it will automatically detect the current market conditions and plot the support and resistance levels. Traders can then use these levels to help them determine potential entry and exit points in the market. The indicator also provides traders with an easy way to visualize potential areas of support and resistance on their charts. This can help traders make better decisions when it comes to entering and exiting trades. With this indicator, you can easily identify potential areas of support and resistance on your charts and use them to your advantage.
MT4
Prime Levels Black
The Prime Levels Black Indicator is a free and popular Forex indicator for the MT4 trading platform. The indicator is based on the Fibonacci retracement levels and uses several technical indicators to determine the most accurate support and resistance levels. With the help of this indicator, traders can easily identify the best entry and exit points to maximize their profits.
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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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