BClock Modified Indicator is a popular and free Forex indicator for the MT4 trading platform. This useful tool helps traders to identify the current trend and spot the best entry and exit points. It is a modified version of the BClock indicator that was developed by the famous trader Bill Williams. The BClock Modified Indicator displays the time remaining until the next bar opens in the upper left corner of the chart. It also shows the current bar timeframe and the current bar range. The indicator also displays the current trend direction and the color of the current bar. The indicator will also alert you when the current bar closes. The BClock Modified Indicator is a great tool for traders who want to identify the current trend and spot the best entry and exit points. It is easy to use and understand, and it is free. This makes it one of the most popular and useful Forex indicators available.
MT4
Bclock Modified
The BClock Modified Indicator is a popular and useful Forex indicator for the MT4 trading platform. The indicator works by displaying a vertical line that moves in real-time, showing the current time in a certain time-zone. The BClock Modified Indicator is a great tool for traders who are looking for an easy way to identify trading opportunities.
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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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