The Pivot RS Session Indicator is a useful and popular free Forex indicator for the MT4 platform. It displays the pivot points, support and resistance levels, and the open, high, low, and close prices for the current day, as well as the previous day. The indicator also shows the current session’s range and the range of the previous session. The Pivot RS Session Indicator is easy to use and understand. It can be used to identify potential entry and exit points in the market. The indicator displays the pivot points, support and resistance levels, and the open, high, low, and close prices for the current day, as well as the previous day. This allows traders to identify possible areas of support and resistance and to plan their trades accordingly. This makes it a great tool for traders who want to make informed trading decisions.
MT4
Pivot RS Session
The Pivot RS Session Indicator is a free and popular Forex indicator for the MT4 platform. The indicator shows the support and resistance levels for the current day, as well as the open, high, low and close of the previous day. This makes it a versatile and useful tool for any Forex trader.
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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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