The Zig Xard Pointer Indicator is a useful and popular Forex indicator for the MT4 platform. It is free to download and use, and it can help you make better trading decisions. The indicator is based on a complex algorithm that takes into account multiple factors to identify potential entry and exit points in the market. It uses a combination of technical indicators such as moving averages, oscillators, and trend lines to generate signals. The indicator can be used to identify support and resistance levels, and it can also be used to identify potential trading opportunities. The indicator is also easy to use and can be customized to fit your trading style. It is a great tool for both novice and experienced traders alike. With the Zig Xard Pointer Indicator, you can quickly identify potential entry and exit points in the market and make better trading decisions.
MT4
ZIG Xard Pointer
This free Zig Xard Pointer Indicator is a useful tool for Forex traders that use the popular MT4 platform. The indicator works by detecting when the signal line crosses the red line, which indicates a reversal in the price action. Traders can then use this information to enter or exit trades. This indicator is easy to use and can be a great addition to any trader’s toolkit.
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Category: Signal
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Description
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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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