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Home Collection Stochastic Peak Price Values
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Peak Price Values

This free Forex indicator is a useful tool for traders who want to get an edge in the Forex market. The Peak Price Values indicator for MT4 is a popular and powerful indicator that provides traders with an easy and effective way to identify potential price peaks. This indicator is a great tool for both experienced and novice traders, and is a must-have for any serious Forex trader.

Indicator Type

Accurate

Trading Style

Scalping

Timeframe

M1-M5

Platform

MT4

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Categories: Stochastic, Volume
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  • Description
  • Reviews (0)
  • How to Install
Description

The Peak Price Values indicator is a remarkable free tool for the renowned MetaTrader 4 (MT4) trading platform, designed to revolutionize the way Forex traders approach the market. This innovative indicator is a game-changer, empowering traders to identify the highest peak prices of their desired currency pairs over a specified time frame, providing invaluable insights and potentially lucrative trading opportunities.

Features of the Peak Price Values Indicator

The indicator is packed with a range of features that make it a must-have for any Forex trader. One of the standout features is its ability to plot the highest peak prices on the chart, clearly highlighting the critical price levels that traders should keep a close eye on.

The indicator utilizes green and red lines to denote bullish and bearish peak prices, respectively, making it effortless to interpret the market’s movements.

How the Peak Price Values Indicator Can Benefit You

The indicator is a game-changer for Forex traders who are seeking to maximize their trading potential. By identifying the highest peak prices, this indicator allows traders to pinpoint potential areas of support, resistance, and breakout, enabling them to make more informed trading decisions.

Whether you’re a seasoned trader or a newcomer to the Forex market, the Peak Price Values indicator can be a valuable addition to your trading toolkit, helping you to spot and capitalize on the most promising trading opportunities.

Indicator Settings

Сustom settings.

Conclusion

The Peak Price Values indicator is a powerful and free tool that can significantly enhance the trading experience of Forex enthusiasts. By providing traders with a clear visual representation of the highest peak prices, this indicator empowers them to make more informed trading decisions and potentially unlock new levels of profitability. Whether you’re looking to refine your existing trading strategy or explore new opportunities in the Forex market, the indicator is a must-have addition to your trading arsenal. Download the indicator for free and take your Forex trading to new heights.

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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:

  1. Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.

  2. Open the MT4/5 terminal and click on “File” in the top left corner.

  3. Select “Open Data Folder” from the dropdown menu.

  4. In the window that opens, double-click on the “MQL4/5” folder.

  5. Double-click on the “Indicators” folder.

  6. Drag and drop the indicator file from your computer into the “Indicators” folder.

  7. Close the data folder window and restart the MT4/5 terminal.

  8. 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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