Tools Indicators How to install & launch Windows tutorial

How to launch Purple indicators on Windows OS device

As a part of a Purple exclusive tools suitable for tackling down the technical analysis, Purple indicators are chosen by increasing the number of our clients. If you want to know why you now have the opportunity to try them for free both on our demo and live accounts. This tutorial will show you how.

For Windows OS, the indicators are available for both MetaTrader4 (MT4) and cTrader platforms.

For the MT4 platform, simply follow the instructions below. To run on the MetaTrader4 platform, use the MT4_PurpleBands_indicator.ex4 file.

For the cTrader platform, the procedure is similar. To install the indicator, simply double-click on the indicator file and the indicator will automatically install on your cTrader platform. Use the cTrader_PurpleBands_indicator.algo file.

1. Registration

In case you have not registered with Purple Trading yet, you can do now either for opening a live account or for a demo account. In both cases, the registration is for free.

Open Real Account

Open Demo Account

_{Your capital is at risk.}

2. Downloading the platform

If you’re already registered, but you have not downloaded and installed the MetaTrader 4 platform from Purple Trading yet, use the following link for download here.

Download MT4

3. The first launch of MT4

The platform may be launched in Windows through a desktop icon of Purple Trading (in case you ticked off “desktop icon” or “shortcut” during installation) or through the Start offer, most often under the name “Purple Trading MT4” through a launch file “Purple Trading MT4” of the same name.

_{Ikona MT4}

4. Login into MT4

After the platform is launched, you’ll be requested (see the image below) to enter login data.

Fields:
Login - enter login, received by e-mail
Password - fill the password you selected during registration
Server - select server, stated in the same e-mail as login

And now, after your successful login into MT4, it’s possible to move forward to the download of indicator finally, and to launch it

5. Download indicator

To make it faster, it’s possible to download any of our indicators through the links below:

Download
Purple Bands

Stáhnout
Purple Strike

Stáhnout
Purple Extreme

Stáhnout
Purple Levels

Stáhnout
Purple Magnets

6. Enable the market watch and navigator windows in MT4

In case the windows “Market” or “Navigator” are not visible in the platform, a still being very important for working in MT4, it’s possible to make them visible through the options menu “View” (see image below – purple background colour).

7. Market selection

Now, from the Market watch window, you can select the market (mouse double-click) such indicator is applied to. If such market is not in the offer, you may need to add it (by a right-click on your mouse to any market, options will be shown to you and under the “Symbols” tab, there may be markets that were not yet demonstrated).

8. Load indicator into MT4

For the purpose of loading any indicator into platform, it’s necessary to open “File”, clic “Open Data Folder” (in purple in the image below) and after its opening, it’s necessary to open the file “MQL4,” then the “Indicators” file and the file of downloaded indicator needs to be copied there as the last step.

9. Load indicator into market

Indicator may be loaded through the Navigator window under the Indicator file (here, it’s possible to find and select your indicator) and by a double-click or by pulling it to the chart window, we activate them.

Note: In case you can’t see the indicator after its loading (point 8) within other indicators, it’s possible that the “Navigator” window should be updated even more. Update is performed by a right click to the “Navigator” window while thereafter, you need only to click and update.

10. Indicator customization options

Each of the individual indicators can be customized. For example by setting notifications, periods, or customizing of displayed colours according to your preferences.

11. Removal of indicator

In the event you would like to remove an indicator, simply click by your right button to the Chart window and in the scroll down menu, you’ll select the “List of indicators” where it’s possible to remove the indicator subsequently.

How to launch Purple indicators on Windows OS device

Open Real Account

Open Demo Account

And that’s it, indicators are ready to use now.

You can download this tutorial

Download PDF

Do you need advice on running
the Purple indicators?

How to launch Purple indicators on Windows OS device

Open Real Account Open Demo Account

And that’s it, indicators are ready to use now.

You can download this tutorial

Download PDF

Do you need advice on running the Purple indicators?

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Open Real Account

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Do you need advice on running
the Purple indicators?