The Market Time indicator is a useful tool for forex traders using the MT4 platform. This popular indicator is free to download and helps traders easily track market hours for different trading sessions. The Market Time indicator displays colored boxes on the chart to indicate when different markets are open, allowing traders to see at a glance which sessions are currently active. This can be helpful for identifying the most volatile and profitable times to trade in the forex market. To use the Market Time indicator, simply download and install it on your MT4 platform. Once activated, the indicator will automatically display the market hours on your chart. Traders can customize the settings to show specific trading sessions or adjust the colors and time zones to suit their preferences. With its user-friendly interface and valuable information, the Market Time indicator is a must-have tool for forex traders.
MT4
Market Time
Market Time is a useful free forex indicator for MT4 that helps traders identify the most active trading hours in the market. By analyzing market time data, traders can make more informed decisions when entering or exiting trades. This popular indicator is easy to use and can be a valuable tool for forex traders looking to maximize their profits.
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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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