X-XardFX Pyra Point Indicator is a useful and popular forex indicator for MT4 trading platforms. It is a free indicator that can be used to help traders identify potential entry and exit points in the market. The indicator uses a combination of price action and momentum to identify potential areas of support and resistance. It can be used to identify potential reversal points and also to identify potential breakouts. The indicator is based on the Pyramiding technique, which is a popular trading strategy used by many experienced traders. The indicator works by plotting a series of points on the chart, which are used to identify potential entry and exit points. The points are based on the current price action, as well as the momentum of the price. The indicator also takes into account the volume of trading activity in the market. The indicator is free and can be downloaded from the MT4 trading platform. It is one of the most popular and useful indicators available for MT4 traders.
MT4
X Xardfx Pyra Point
The X-XardFx Pyra Point Indicator is a useful and popular free forex indicator for MT4 trading platforms. The indicator works by analyzing the price action of the market and displaying buy and sell signals in the form of arrows. The X-XardFx Pyra Point Indicator is an easy-to-use tool that can be used to maximize profits and minimize losses when trading the forex market.
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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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