The BODI Buy Sell Bars Indicator is a useful and popular Forex indicator for the MT4 trading platform. It is free to download and use and provides traders with an easy way to identify buy and sell signals when trading the Forex markets. The indicator works by looking for price action patterns that indicate a possible reversal or continuation of a trend. It also looks for divergences between price and the indicator itself, which can be used to spot potential reversal points. The indicator also displays buy and sell arrows on the chart, which can be used to indicate entry and exit points. The indicator is suitable for both scalping and swing trading and provides traders with an easy way to spot potential entry and exit points.
MT4
Bodi Buy Sell Bars
The Bodi Buy Sell Bars Indicator is a useful and popular free Forex indicator for MT4 trading platforms. It is designed to provide traders with an easy to use visual representation of the current market trends. With this indicator, traders can easily identify market entry and exit points, helping them to maximize their profits.
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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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