Secret Profit Levels Indicator is a useful and popular free Forex indicator for MT4 trading platforms. It is designed to help traders identify and take advantage of high-probability trades. The indicator works by analyzing the market data and then displaying the levels of support and resistance on the chart. This allows traders to easily identify where the market is likely to turn and take advantage of any potential opportunities. The indicator is easy to use and can be set up quickly. It has a user-friendly interface and includes a range of customizable features. For example, traders can adjust the sensitivity of the indicator to suit their own trading style. This allows them to be more precise when identifying potential entry and exit points.
MT4
Secret Profit Levels
Secret Profit Levels indicator is a useful and popular free Forex indicator for MT4 trading platforms. The indicator works by plotting horizontal lines on the chart that correspond to the most significant levels of support and resistance. These levels are determined based on the historical price action of the currency pair. The Secret Profit Levels indicator is easy to use and can be a great tool for any trader looking to increase 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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