The Time Zone Indicator is a popular and free forex indicator designed for the MT4 platform. This new indicator displays the time of various markets in a single chart, making it easy for traders to determine the time zone differences between different trading sessions. It is an essential tool for traders who engage in forex trading across different time zones. The Time Zone Indicator works by displaying different time zones on the MT4 chart. It displays the opening and closing times of major forex trading sessions such as the Asian, European, and US sessions, as well as the time difference between the trader’s local time and the current time in each of these markets. This helps traders to plan their trading strategies effectively and avoid missed trading opportunities. In summary, the Time Zone Indicator is a useful tool for traders who want to keep track of the different time zones in which they operate.
MT4
Time Zone
The Time Zone Indicator is a new and popular forex indicator available for free on MT4 platform. This indicator is designed to help traders easily identify the time in different markets and time zones around the world. The indicator can display up to four different time zones on the chart and can be customized according to the user’s preferences. The Time Zone Indicator is easy to install and use, making it a valuable tool for traders who need to keep track of market hours and trading sessions across different time zones.
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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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