The B_Wimp indicator is a useful forex indicator designed for use on the popular MT4 trading platform. This indicator is widely used by forex traders due to its accuracy and reliability in predicting market trends. The B_Wimp indicator works by analyzing price movements and identifying key support and resistance levels. It uses a combination of moving averages and trend lines to determine entry and exit points for trades. By using this indicator, traders can make more informed decisions and improve their overall trading strategy. To use the B_Wimp indicator, simply add it to your MT4 platform and adjust the settings to fit your trading style. You can then use the indicator to identify potential trade opportunities and set stop-loss and take-profit levels. Overall, the B_Wimp indicator is a valuable tool for forex traders looking to enhance their trading performance. And the best part is, it’s completely free to use on MT4.
MT4
B Wimp
B&Wimp indicator is a useful forex indicator for MT4 that is popular among traders for its accuracy. This free indicator works by identifying overbought and oversold levels in the market, making it easier to spot potential trading opportunities. Traders can use this indicator to make informed decisions and improve their trading success.
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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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