The EJ Candle Time Indicator is a useful and popular free Forex indicator for MT4 that helps traders determine the remaining time on a price candle. It is a simple but effective tool that can help traders make better trading decisions. The indicator works by displaying a countdown timer on the chart to show how much time is left before the current candle closes. This can be useful in helping to determine when to enter or exit a trade. For example, if a trader sees the timer running down to zero, they may decide to close their position before the candle closes. This can help to minimize losses and maximize profits. The indicator is easy to install and use on MT4. Once installed, traders can select the time frame they want the indicator to display. The indicator can be used on any time frame, from 1 minute to 1 month. This makes it a versatile and powerful tool for traders of all levels. The EJ Candle Time Indicator is a popular and free Forex indicator for MT4 that can help traders make more informed trading decisions.
MT4
EJ Candle Time
The EJ Candle Time Indicator is a popular, free, and useful Forex indicator for MT4. This is a great tool for those who want to make sure they are entering and exiting trades at the right time. The indicator also shows the remaining time of the current candle, which is very useful for scalpers and day traders. With the EJ Candle Time Indicator, traders can easily identify the remaining time of the current candle and make sure they are entering and exiting trades at the right time.
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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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