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Home Collection Signal Best Non Repaint
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Best Non Repaint

Discover the Best Non Repaint Indicator for MetaTrader 4. High-probability buy/sell setups with dynamic lines and arrows. Non-repainting signals for all skill levels. Benefit from clear trade signals & customizable alerts.

Trading Style

Day Trading

,

Short-term

Indicator Type

Entry Exit

Timeframe

H1-H4

,

M15-M30

Platform

MT4

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  • Description
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Description

Features of the Best Non Repaint Indicator

The Best Non-Repaint Indicator for MetaTrader 4 uses several variables, such as dynamic lines and signal arrows, to produce high-probability buy/sell setups. It provides non-repainting signals, as the name implies that remain in the same location over time.

Because the signals from this technical indicator don’t move, it’s one of the best tools for forex traders of all skill levels. This makes it ideal for backtesting to determine the indicator’s win rate.

How the Indicator Can Benefit You

The indicator gives clear trade entry signals you can use to enter the market. It gives buy and sell signals in blue and red arrows, respectively. On the other hand, the two dynamic lines indicate the market’s trend direction: green represents a bullish trend, and red represents a bearish trend.

Furthermore, the best buy or sell signal comes when all indicator variables coincide. A buy signal is acceptable when the indicator displays a blue arrow, for example, and aligns with the bullish trend (green lines).

Therefore, you can take a buy position when the indicator paints a blue arrow, which should also line up with two green lines. Similarly, consider selling when the indicator shows a red arrow that concurs with two red lines.

Indicator Setting Description

Email alert: This input enables/disables signal alerts via email.

Sound alert: This input enables/disables the sound alert system.

Mobile alert: This input enables/disables signal alerts via mobile.

Popup alert: This input enables/disables signal alerts to pop up on the chart.

Trend period: This input defines the period for trend analysis.

Trend multiplier: This input shows the multiplier value being used.

Middle period: This input shows the period for the multiplier.

Middle method: This input shows the type of moving average in use.

Label distance: This input determines the distance between the signal arrows and the text.

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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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