The X-XardFX Panel Bid Ratio Indicator is a useful tool for Forex traders who use the MetaTrader 4 (MT4) platform. It is a popular and free indicator that can help traders make informed decisions when trading Forex. The indicator is designed to show the ratio of buy orders to sell orders in the market. It can be used to identify the strength of a trend, and to determine when a trend is likely to reverse. The indicator displays a panel with two columns, one for buy orders and one for sell orders. The ratio of these two columns is then displayed in the middle of the panel. The X-XardFX Panel Bid Ratio Indicator is an easy to use tool, and is suitable for both novice and experienced traders. It is a great way to quickly gauge the strength of a trend in the market, and can be used to help traders identify possible entry and exit points for their trades. It is free to download and use, and is highly customizable to suit the individual needs of traders.
MT4
X Xardfx Panel Bid Ratio
X-XardFx Panel Bid Ratio Indicator is a useful and popular free Forex indicator for MT4. The indicator shows the ratio of the bid price to the ask price in a graphical format, making it easy for traders to see the current market sentiment. With the X-XardFx Panel Bid Ratio Indicator, traders can easily identify the current market sentiment and make more informed trading decisions.
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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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