The Candle Time and Spread Indicator is a useful tool for forex traders using the MT4 platform. This popular indicator shows the remaining time of the current candle and the spread of the currency pair being traded. Traders can use this indicator to effectively manage their trades by knowing how much time is left in the current candle before it closes. This can help traders make informed decisions about entering or exiting trades. Additionally, being able to see the spread of the currency pair in real-time can help traders avoid entering trades with high spreads, which can affect their profitability. The Candle Time and Spread Indicator is free to download and easy to use on the MT4 platform. Simply add the indicator to your chart and start monitoring the candle time and spread of your chosen currency pairs. This tool can be a valuable resource for traders looking to improve their trading strategies and stay informed about market conditions.
MT4
Boll Starc TC
Boll Starc TC Indicator is a popular and useful forex indicator available for free on MT4. This indicator combines Bollinger Bands and Starc Bands to provide traders with signals for potential trend reversals. Traders can use this indicator to identify overbought or oversold conditions in the market, helping them 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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Automatic Trendlines
The Automatic Trendlines indicator is a new and popular free to use MT4 indicator designed to automatically draw trendlines on your chart, saving you time and effort. The indicator uses advanced algorithms to determine trendlines based on price movement and can be used on any currency pair or timeframe. The Automatic Trendlines indicator is a useful tool for traders who want to quickly and easily identify trends in their charts.
Exponential Moving Average
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