What is the Platinum Indicator for MT4?

The Platinum Indicator is a technical indicator that can be used to predict the direction of markets. The indicator consists of two lines, which crossover when the market moves towards equilibrium. This indicates that the forex bulls (sellers) and bears (buyers) have equal power, which in turn means that prices will likely remain stable.

Platinum Indicator

Download the Free Platinum Indicator

How to use the Platinum Indicator for MT4?

To use the Platinum Indicator on your MT4 account, open your chart and click on indicators under money management > advanced filter. Then select the platinum indicator from the list and set its values according to your needs. Remember to keep an eye on these settings – if they’re changed without considering other financial factors, you may lose money!

Platinum Indicator MT4 trading settings

Forex Platinum Indicator is a powerful and easy-to-use indicator that allows you to trade the markets in an intelligent way. By using this indicator, traders can identify opportunities early on and take advantage of them before their competitors do.

In this article, we will discuss forex platinum indicator MT4 trading settings and how they can be used to improve your trading performance.

When setting up the indicators on your MetaTrader 4 chart, pay particular attention to the following:

-The timeframe for which the analysis is performed;

-The number of bars chosen for trendline construction;

-Which type of Oscillator (exponential, linear, or Fibonacci) is used;

These are just a few factors you must consider when configuring forex platinum indicator MT4 trading settings. However, by using these guidelines as a starting point, you should be able to fine-tune them according to your needs and trading style. So go ahead and try it – with Forex Platinum Indicator’s help, there’s no limit to what you may achieve!

Platinum Indicator Advantages

There are several advantages to using the forex Platinum Indicator. Some of these include:

-It is simple to use and easy to understand.

-It provides accurate predictions that can be used in trading decisions.

-The indicator has been proven reliable by historical data.

Platinum Indicator Disadvantages

The forex Platinum Indicator is a popular trading tool that uses technical indicators to help traders make profitable trades. However, there are some disadvantages to using this indicator.

One disadvantage is that the indicator can be unreliable. It may produce false signals, which could cause you to lose money on your investments. Additionally, it’s difficult to predict when the indicator will generate a buy or sell call. This can lead to significant losses if you don’t follow your trade recommendations.

Other drawbacks of the forex Platinum Indicator include its high system requirements and complexity (it requires advanced knowledge). These factors might make it unsuitable for those who need to be more skilled in trading technical indicators or computer programming.

Indicator installation on MT4

To install a Platinum Indicator on the MetaTrader 4 (MT4) platform, you will need to follow these steps:

  1. Download the Platinum Indicator file in the “.ex4” format.
  2. Open the MT4 platform and navigate to the “Navigator” tab on the screen’s bottom.
  3. Click on the “Expert Advisors” button, select “Browse…” and navigate to the location where you saved the indicator file.
  4. Double-click the indicator file to install it on the MT4 platform.
  5. Once the installation is complete, you can add the indicator to a chart by dragging and dropping it onto the graph or by clicking on the “Insert” menu, then “Indicators,” and selecting the indicator from the list.

So that you know, the steps might vary slightly depending on the version of MT4 you are using. Also, as Platinum Indicator is not a standard indicator on MT4, it’s better to check with the vendor or developer on how to install it.

Platinum Indicator mt4

Platinum Indicator free for mt4 


The Platinum Indicator is a popular technical trading indicator that can help you make informed investment decisions. However, it may have some drawbacks, such as its high system requirements and complexity. Additionally, the indicator’s accuracy may be uncertain at times, which could lead to losses on your investments. Nonetheless, if you’re comfortable with computer programming and forex trading indicators, the Platinum Indicator might be a good choice.

Author: Dominic Walsh

I am a highly regarded trader, author & coach with over 16 years of experience trading financial markets. Today I am recognized by many as a forex strategy developer. After starting blogging in 2014, I became one of the world's most widely followed forex trading coaches, with a monthly readership of more than 40,000 traders! Make sure to follow me on social media: Instagram | Facebook | Linkedin | Youtube| Twitter | Pinterest | Medium | Telegram Channel | Quora | Reddit

Leave a Comment