Candle Time and Spread Indicator for MT4 is a popular and useful forex indicator that displays the time remaining for the formation of the next candle as well as the current spread in the market. This free indicator helps traders to monitor the time left for a candle to close, which can be crucial for making timely trading decisions. Additionally, knowing the current spread can help traders assess the liquidity and cost of trading in real-time. The Candle Time and Spread Indicator is easy to use and can be added to any MT4 trading platform. Once installed, it will appear on the chart and provide accurate information about the candle time and spread. Traders can customize the settings of the indicator to suit their trading preferences and strategies. Overall, the Candle Time and Spread Indicator is a valuable tool for forex traders, providing essential information that can enhance trading efficiency and profitability.
MT4
Bbands Stop
BBands Stop is a popular and useful forex indicator for MT4 that provides traders with valuable insights into market trends. This free indicator uses Bollinger Bands to identify potential stop levels, helping traders make more informed trading decisions. To use BBands Stop, simply add it to your chart and look for potential reversal points indicated by the stop levels.
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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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