The Candle Time and Spread Indicator for MT4 is a popular and useful tool for forex traders that displays the time remaining for the current candle to close, as well as the current spread for the currency pair being traded. This free indicator helps traders make better trading decisions by providing important information about market volatility and timing. The indicator works by showing a countdown timer on the chart, indicating how much time is left before the current candle closes. This can be especially helpful for day traders who rely on specific timeframes for their trading strategies. Additionally, the spread indicator shows the difference between the bid and ask price of a currency pair, helping traders gauge market liquidity and potential profitability. To use the Candle Time and Spread Indicator, simply download and install it on your MT4 platform. Once activated, the indicator will appear on your chart, providing real-time data on candle closure times and spreads. By staying informed about these key market factors, traders can make more informed decisions and maximize their trading potential.
MT4
Absolute Strength Market Arrows
Absolute Strength Market Arrows Indicator is a popular and useful free forex indicator for MT4. This indicator works by analyzing the strength of a currency pair and providing buy or sell signals through arrows on the chart. Traders can use this indicator to identify potential trend reversals or continuations, helping them make informed trading decisions.
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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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