The Bid-Ask Spread Indicator is a useful and popular free Forex indicator for MT4. This indicator helps traders to quickly identify the current Bid-Ask spread on any currency pair. It is highly useful for traders who are looking to take advantage of the spread between the bid and ask prices. This indicator is also helpful for traders who are trying to identify when the spread is widening or narrowing. The Bid-Ask Spread Indicator works by showing the current spread between the bid and ask prices in pips. This allows traders to quickly identify the current spread and adjust their trading strategies accordingly. The indicator also helps traders to identify when the spread is widening or narrowing. This can be useful for traders who are looking to take advantage of short-term market movements or to time their entries and exits. The Bid-Ask Spread Indicator is a popular and useful free Forex indicator for MT4. It is highly useful for traders who are looking to take advantage of the spread between the bid and ask prices. This indicator helps traders to quickly identify the current Bid-Ask spread on any currency pair and to identify when the spread is widening or narrowing. This can be useful for traders who are looking to take advantage of short-term market movements or to time their entries and exits.
MT4
Bid Ask Spread
The Bid-Ask Spread Indicator is a useful Forex indicator for MT4 that is free and popular among traders. The Bid-Ask Spread Indicator is useful in helping traders to identify the current spread and to determine if the spread is wide or narrow. It also helps traders to identify if there is an opportunity to enter a trade at a better price. The Bid-Ask Spread Indicator is a great tool for traders who want to optimize their trading strategies and maximize their profits.
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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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