The Show Pips MT4 Forex Indicator is a popular and free indicator that is useful for traders of all levels. It is designed to be used with the MetaTrader 4 (MT4) trading platform, and provides traders with an easy way to track and analyse their Forex trades. The Show Pips MT4 Forex Indicator shows the current pip values for each currency pair in the MT4 terminal, helping traders to quickly and easily identify the size of their trades. The indicator also shows the spread between the bid and ask prices, so traders can see the potential profit or loss from their trades. The Show Pips MT4 Forex Indicator is easy to install and use. Once installed, the indicator will appear in the Navigator window of the MT4 terminal, where traders can drag and drop it onto their charts. Once the indicator is added to the chart, traders can customize the settings to suit their trading style. The indicator can be used to track the current pip values of all currency pairs, or just the pairs that the trader is interested in. With the Show Pips MT4 Forex Indicator, traders can easily monitor their trades and make informed decisions.
MT4
Show Pips
The Show Pips MT4 Indicator is a popular and free Forex trading indicator that is useful for any trader. The indicator works by displaying the current market trend in the form of a graphical representation. With its easy to use interface and powerful features, the Show Pips MT4 Indicator is a great tool for any Forex trader.
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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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