The All Pivot Points Indicator is a popular, free and useful Forex indicator for MT4 that helps traders identify potential support and resistance levels. It works by calculating the average of the high, low and close prices of the previous day and plotting the results on the chart. This helps traders to identify potential points of entry and exit and helps them to make better trading decisions. The All Pivot Points Indicator is very easy to use. All you have to do is open the chart and the indicator will automatically plot the pivot points on the chart. The indicator also provides information on the previous day’s high, low and close prices. This allows traders to quickly identify potential support and resistance levels. Overall, the All Pivot Points Indicator is a great tool for Forex traders. It is free, easy to use and can help traders quickly identify potential support and resistance levels.
All Pivot Points
The All Pivot Points Indicator is a popular and free Forex indicator for MT4. The indicator works by automatically plotting pivot points on the chart, which show where the market is likely to find support and resistance. The indicator also plots Fibonacci levels, which can be used to identify potential entry and exit points. With the All Pivot Points Indicator, traders can quickly assess the market and make informed trading decisions. This indicator is a great tool for both novice and experienced traders, as it can provide a clear picture of the market and can be used to make informed trading decisions.
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Category: Support & Resistance
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.