The Candle Time and Spread Indicator for MT4 is a useful tool for forex traders looking to closely monitor candlestick patterns and spreads. It is a popular indicator among MT4 users and is available for free on the IndicatorSpot website. This indicator displays the time remaining for the current candle to close, as well as the current spread for the selected currency pair. This information can help traders make informed decisions about when to enter or exit trades based on market conditions. To use the indicator, simply download and install it on your MT4 trading platform. Once activated, the indicator will appear on your chart, providing real-time updates on candle times and spreads. Traders can adjust the settings to customize the display to their preferences. Overall, the Candle Time and Spread Indicator for MT4 is a valuable tool for forex traders seeking to improve their strategy and stay ahead of market movements. With its user-friendly interface and helpful features, this indicator is a must-have for any serious trader.
MT4
Fractal Support Resistance Button
Fractal Support and Resistance Button is a popular and useful forex indicator for MT4 traders. It helps identify key support and resistance levels in the market. This free indicator works by plotting fractals on the chart, making it easy for traders to locate important price levels. Traders can use this indicator to make informed trading decisions based on these support and resistance levels.
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Category: Support & Resistance
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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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