The Albus Multichart is a useful and popular free Forex indicator for MT4 that displays multiple charts on one single window. It is a great tool for traders who want to analyze multiple currency pairs at the same time. This indicator can be used to compare different time frames, identify support and resistance levels, and detect trend reversals. It also allows users to set up alerts for when certain conditions are met. The Albus Multichart indicator is easy to use and set up. Users simply need to select the currency pairs they wish to analyze and adjust the time frames to their preference. The indicator will then display multiple charts on one single window in a user-friendly format. It is also possible to customize the look of the charts by changing the colors and line types. This indicator is free to download and use, making it a popular choice among Forex traders.
MT4
Albus Multichart
Albus Multichart Indicator is a free and popular Forex indicator for MT4 trading platforms. It can be used to identify trends, support and resistance levels, and potential entry and exit points. It is a great tool for both novice and experienced traders, as it can help to 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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