The Bar Time Countdown is a useful forex indicator designed for the popular MT4 platform. It is a free tool that helps traders keep track of the time remaining until the current trading candle closes. This can be particularly helpful for traders who use specific timeframes and want to stay informed about when the next candle will open. The indicator works by displaying a countdown timer on the chart, showing the exact time left before the current bar closes. Traders can easily customize the settings of the indicator to suit their trading style and preferences. By knowing the time remaining on the current candle, traders can make more informed decisions and better manage their trades. Overall, the Bar Time Countdown is a simple yet effective tool that can enhance the trading experience for forex traders using MT4.
MT4
BAR Time Countdown
Bar Time Countdown is a popular and useful forex indicator for MT4 that provides a countdown of the time remaining until the current bar closes. This free tool helps traders better manage their trading decisions by monitoring time intervals. Simply add the indicator to your chart and track the remaining time on each bar to make informed trading choices.
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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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