The CAMS Pivots Indicator is a useful and popular free Forex indicator for MT4. It helps traders to identify potential support and resistance levels in the market. The indicator plots pivot points, midpoints, and Fibonacci levels on the chart, allowing traders to quickly identify levels of support and resistance. The indicator is especially useful for day traders and swing traders who need to identify levels of support and resistance quickly. The indicator is easy to use. It automatically plots the pivot points, midpoints, and Fibonacci levels on the chart. The trader can then use these levels as potential support and resistance levels. The indicator also allows the trader to customize the settings, such as the number of pivots to plot, the time frame, and the type of Fibonacci levels to plot. The CAMS Pivots Indicator is a popular and useful tool for Forex traders. It helps traders to quickly identify levels of support and resistance in the market. The indicator is free, easy to use, and highly customizable, making it a great choice for day traders and swing traders.
MT4
Cams Pivots
CAMS Pivots Indicator is a useful and popular Forex indicator for the MT4 platform. The indicator is based on the Camarilla Equation and can be used to identify entry and exit points, as well as potential trade setups. The indicator is easy to use and can be used in conjunction with other technical indicators to help traders make more informed trading decisions.
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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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