The H4 Hi Low Middle DK v1 is a popular and useful forex indicator designed for the MT4 platform. This indicator identifies the high, low, and middle price levels on the H4 timeframe, providing traders with valuable insight into market trends and potential entry and exit points. Using the H4 Hi Low Middle DK v1 is simple – just add it to your MT4 platform and it will automatically plot the high, low, and middle levels for each H4 candle. Traders can use this information to make informed trading decisions and improve their overall profitability. Best of all, the H4 Hi Low Middle DK v1 is available for free, making it accessible to all forex traders. Whether you are a beginner or experienced trader, this indicator can be a valuable tool in your trading arsenal.
MT4
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H4 Hi Low Middle Dk V1
H4 Hi-Lo Middle DK v1 is a popular and useful forex indicator for MT4 that identifies high and low points on the H4 timeframe. It is a free indicator that helps traders determine potential support and resistance levels. By utilizing this indicator, traders can make more informed decisions when entering and exiting trades.
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Category: Support & Resistance
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Description
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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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