The XPoints trading indicator is a popular and useful tool for forex traders using the MT4 platform. This free indicator helps traders identify potential entry and exit points by analyzing market trends and patterns. +The XPoints indicator works by calculating key levels of support and resistance based on historical price data. Traders can use these levels to make informed decisions about when to enter or exit trades. The indicator also provides alerts when price reaches important levels, helping traders stay on top of market movements. To use the XPoints trading indicator, simply download and install it on your MT4 platform. Once installed, the indicator will appear on your chart, displaying support and resistance levels as well as potential trade opportunities. Traders can customize the settings of the indicator to suit their trading style and preferences.
MT4
Xpoints Trading
XPoints Trading Indicator for MT4 is a useful tool for forex traders looking to enhance their trading strategies. This popular and free indicator helps users identify key support and resistance levels, as well as potential entry and exit points. By using this indicator, traders can make more informed decisions and improve their overall trading performance.
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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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