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Home Collection Support & Resistance Maximus VX Lite
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MT4
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Maximus VX Lite

Maximus VX Lite is a useful and popular free Forex indicator for MT4. The indicator uses a combination of technical indicators such as moving averages, oscillators, and trendlines to identify potential entry and exit points. It also provides traders with visual signals such as arrows and lines to help them make the right decisions at the right time. With its simple yet powerful features, Maximus VX Lite is a great choice for traders looking to take their trading to the next level.

Trading Style

Swing

Indicator Type

Breakout

Timeframe

M15-M30

Platform

MT4

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  • How to Install
Description

Maximus VX Lite is a powerful and popular free Forex indicator for MT4. It is useful for both beginner and experienced traders as it provides an easy to understand overview of the Forex market. The indicator is based on the popular Moving Average Convergence Divergence (MACD) indicator and uses its signals to help traders identify trend changes and spot potential entry points. It has been designed to be easy to use and understand, and provides traders with a comprehensive view of the Forex market. Maximus VX Lite is a great tool for traders to use in order to identify potential entry and exit points in the Forex market. It can be used to identify trends and spot potential overbought and oversold conditions. The indicator can also be used to identify trading opportunities and spot potential reversals. The indicator also provides traders with a comprehensive view of the market, allowing them to make informed decisions. It is a great tool for traders who want to make the most of their trading experience.

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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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