The Bid Ask Spread Indicator MT4 is a useful and popular free Forex indicator for Metatrader 4. It displays the spread between the bid and ask price of a currency pair. The indicator is easy to use and can be used to identify trading opportunities. The Bid Ask Spread Indicator MT4 helps traders to identify the spread between the bid and ask price. This is important because the spread is a key factor in determining the profitability of a trade. The indicator will display the spread in pips so that traders can see how much they will be paying in spread costs. The Bid Ask Spread Indicator MT4 is a popular and useful tool for Forex traders. It helps traders to identify the spread between the bid and ask price of a currency pair. The indicator is easy to use and can be customized to show the spread for different timeframes. This allows traders to make better trading decisions and maximize their profits.
MT4
Bid Ask Spread
The Bid Ask Spread Indicator for MT4 is a useful and popular free Forex indicator that helps traders to easily and quickly identify the bid and ask price of the currency pair they are trading. It displays the bid and ask price of the currency pair directly on the chart, so that traders can easily and quickly identify the spread of the currency pair. This indicator is a popular and useful tool for traders who want to quickly and accurately identify the spread of the currency pair they are trading.
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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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