The XardG Extreme Spike Indicator is a popular and useful Forex indicator designed for the MetaTrader 4 platform. This indicator helps traders identify extreme price spikes in the market, making it easier to spot potential opportunities for trading. The best part is that it is free to download and use. The indicator works by analyzing price movements and identifying sudden spikes that may indicate increased volatility or potential reversal points. Traders can use this information to make more informed trading decisions and capitalize on market fluctuations. To use the XardG Extreme Spike Indicator, simply download and install it on your MT4 platform. Once installed, the indicator will display visual cues on your chart to help you identify extreme price movements. By utilizing this indicator, traders can improve their trading strategies and increase their chances of success in the Forex market.
MT4
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Xardg Extreme Spike
Xardg Extreme Spike Indicator is a useful forex indicator for MT4 that is popular among traders. It is a free tool that helps users identify extreme price movements in the forex market. The indicator works by detecting sudden spikes in price and can be used to identify potential trading opportunities. Traders can incorporate this tool into their analysis to make more informed trading decisions.
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Category: Envelope Indicators
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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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