The Real Value Indicator is a free and popular Forex indicator for MT4 trading platforms. It is a useful tool for traders as it can help them identify the true value of a currency pair. The indicator works by analyzing the price action of a currency pair and then calculating the true value of the pair. It then displays the true value of the pair in a graphical format. The Real Value Indicator is easy to use and can be used on any time frame. It can be used to identify potential entry and exit points in the market. The indicator can be used to identify potential reversals, breakouts, or trend reversals. It can also be used to identify potential support and resistance levels. The indicator is highly customizable and can be used to set up different parameters to suit the trader’s trading style. It is a useful tool for both beginner and experienced traders. It can help traders identify the true value of a currency pair and help them make informed decisions when trading.
MT4
Real Value
The Real Value Indicator for MT4 is a popular and useful free Forex indicator that helps traders to identify potential entry and exit points in the market. It displays this information in an easy to read graphical format, allowing traders to quickly identify when a currency pair is overbought or oversold. This indicator is an invaluable tool for any Forex trader, and can help to identify potential entry and exit points in the 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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