The Linear Price Bar Indicator is a useful and popular free Forex indicator for MetaTrader 4 (MT4). It is designed to help traders analyze market trends and identify potential buy and sell opportunities. The indicator is composed of two lines – the price line and the linear line. The price line shows the current price of the currency pair, while the linear line is a moving average of the price line. When the linear line is above the price line, it indicates a downward trend, and when it is below the price line, it indicates an upward trend. The Linear Price Bar Indicator can be used in a variety of ways. For example, it can be used to identify entry and exit points for trades, as well as to identify potential reversal points. It can also be used to help traders identify support and resistance levels. Additionally, the indicator can be used to identify momentum and trend strength. The Linear Price Bar Indicator is a useful and popular free Forex indicator for MT4. It is designed to help traders analyze market trends and identify potential buy and sell opportunities. By adjusting the period of the linear line and the color of the lines, traders can customize the indicator to suit their preferences.
MT4
Linear Price Bar
The Linear Price Bar Indicator is a popular and free Forex indicator for MT4 trading platforms. It is a useful tool to help traders identify support and resistance levels and is particularly helpful for those who are looking to make quick decisions in a fast-moving market. The indicator also helps traders identify potential entry and exit points, as well as potential stop loss and take profit levels. Overall, the Linear Price Bar Indicator is a simple yet powerful tool that can help traders make informed decisions in the Forex market.
Trading Style | |
---|---|
Indicator Type | |
Timeframe | |
Platform |
0
People watching this product now!
Category: Stochastic
Downloads - 59
Description
Reviews (0)
Be the first to review “Linear Price Bar” Cancel reply
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.
Related products
Wave Trend Oscillator
The Wave Trend Oscillator Indicator is a popular and free Forex indicator for MT4 that is useful for both novice and experienced traders. This indicator is designed to detect the trend and momentum of the market and provide traders with a visual representation of the trend direction. It then plots the waves on a chart and provides traders with a signal when the trend has reversed or is about to reverse. This indicator is also customizable, allowing traders to adjust the sensitivity of the indicator to their own trading style. With the Wave Trend Oscillator Indicator, traders can easily identify the trend of the market and make informed trading decisions.
TRIX Indicator
The TRIX indicator is a new and popular technical analysis tool designed for the forex market wich available for free on the MT4 platform. TRIX uses triple exponential smoothing to identify trends and provide buy/sell signals based on crossovers and divergences. The indicator also helps traders identify overbought and oversold conditions, which can be used to make informed trading decisions. With its accuracy and simplicity, the TRIX indicator is quickly gaining popularity among forex traders.
Chaikin Money Flow
The Chaikin Money Flow (CMF) Indicator is a useful tool for forex traders that tracks the flow of money into or out of an asset. This free MT4 indicator is popular among traders and helps to identify potential price movements. The CMF Indicator uses both price and volume data to determine the strength of the trend and the likelihood of a reversal. It can be used to confirm buy and sell signals and to identify overbought or oversold conditions. Overall, it is a helpful tool for traders looking to gain an edge in the forex market.
Woodies CCI Arrows Oscillator
The Woodies CCI Arrows Oscillator Indicator is a popular MT4 technical analysis tool used by forex traders to identify trends and potential entry and exit points wich based on the Woodies CCI system, which helps traders to identify when a trend is strong and when it may be weakening. The arrows on the indicator show when the price is moving in a particular direction, and the oscillator provides additional confirmation of the trend's strength. The Woodies CCI Arrows Oscillator Indicator is a valuable addition to any trader's toolkit, and it can help traders make better-informed trading decisions.
MACD True
The MACD True Indicator is a popular and useful MT4 forex indicator that helps traders identify trends and momentum in the market. It is a modified version of the traditional MACD indicator that incorporates a color-coded histogram to provide more visual cues for traders. This indicator works by measuring the difference between two moving averages, and it is often used in conjunction with other technical indicators to confirm trading signals. Traders of all levels can benefit from using the MACD True Indicator in their trading strategies.
Volatility Quality Zero
The Volatility Quality Zero Line Indicator is a new, popular and free forex indicator available on MT4 that determines the volatility quality of a financial instrument by measuring the relationship between the average true range and the true range. It draws a zero line, which serves as a guide to determine the direction of the trend, and traders can enter or exit positions based on its crossing. The Volatility Quality Zero Line indicator is a useful powerful tool that will definitely take your trading experience to the next level.
Reviews
There are no reviews yet.