The XTSR Indicator is a powerful and popular free Forex indicator for the MT4 trading platform. It is designed to give traders an edge when trading the Forex market by providing useful and reliable analysis. The indicator is suitable for all levels of traders, from beginners to experienced professionals. The XTSR Indicator uses a combination of technical analysis tools, such as price action, trend lines, and Fibonacci retracements, to analyze the market and generate signals. The indicator also includes a built-in risk management system that can help traders manage their risk levels. The indicator can be used to identify potential trading opportunities and can help traders make informed decisions when entering and exiting trades. The XTSR Indicator is a great tool for traders who want to take advantage of the Forex market. It is easy to use, highly customizable, and provides reliable analysis. With its built-in risk management system, traders can manage their risk levels and make informed decisions when entering and exiting trades. The indicator is free to download and can be used on the MT4 trading platform.
The XTSR Indicator is a popular and free Forex indicator for the MT4 trading platform. The XTSR Indicator is a trend-following indicator that uses a combination of moving averages and oscillators to identify potential entry and exit points in the market. The XTSR Indicator is designed to help traders identify market trends and make more informed trading decisions. The XTSR Indicator is easy to use and can be used by both experienced and beginner traders. It is a great tool for those looking to make more informed trading decisions.
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Category: Support & Resistance
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.