The Weekly Data Indicator is a popular and free Forex indicator for MT4 (MetaTrader 4) that provides useful information about the current week’s data. This indicator can be used to identify market trends and make informed trading decisions. The indicator displays the current week’s high and low prices, open and close prices, trading volume, and the current week’s range. Additionally, the indicator also shows the previous week’s high and low prices, open and close prices, and trading volume. This allows traders to compare the current week’s data with the previous week’s data and identify any potential market trends or patterns. The Weekly Data Indicator is easy to use and can be quickly set up on the MT4 platform. Once installed, the indicator will automatically display the current week’s data on the chart. Traders can then use this data to identify potential market trends and make informed trading decisions. The indicator also provides traders with the ability to customize the display of the data to better suit their trading style and needs.
MT4
Weekly Data
This free Forex indicator is a useful tool for MT4 traders to quickly identify the weekly open/close of any currency pair. It is a popular indicator among Forex traders as it helps them to quickly identify the weekly open/close of any currency pair. This indicator is a must-have for any Forex trader as it helps them to identify the weekly open/close of any currency pair and create effective trading strategies.
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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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